Penguin Solutions

Penguin Solutions (PENG), a builder of computing infrastructure: it assembles and runs GPU clusters for AI training, sells memory modules under the SMART Modular name, makes fault-tolerant systems under the Stratus brand and supplies LED components. It began in 1988 as a memory maker and was called SMART Global Holdings until it renamed itself after one of its own brands in October 2024. PENG on Robinhood Chain is a Robinhood Stock Token, a tokenised debt security issued by Robinhood Assets (Jersey) Limited and backed by Penguin Solutions shares held in custody at Alpaca Securities.