NASDAQ:PENG - Nasdaq - KYG8232Y1017 - Common Stock - Currency: USD
In a welcome move, Penguin Solutions stock saw its Relative Strength Rating rise from 69 to 79 on Tuesday.
Mentions: PSTG
Penguin Solutions, Inc. (NASDAQ:PENG) shares are trading higher in the premarket session on Friday. On Thursday, the company revealed a strategic collaboration with SK Telecom and SK hynix. The partnership, signed during CES 2025 in Las Vegas, focuses on developing AI data center solutions. The companies plan to leverage their combined strengths to enhance research, development, and market efforts in AI-computing technologies. This collaboration comes after SKT’s recent $200 million strategic in
Penguin Solutions reported its first-quarter financial results after Wednesday's closing bell. Here's a look at the details.
Mentions: DAKT
Penguin Solutions is a chip stock that hasn't garnered much excitement yet, but the transition into later stages of AI is where the firm aims to make it bones.