Verified Nov 2026
Electronics & Software
·
Fremont, California
·
Since 1998
Penguin Solutions is a publicly listed technology infrastructure company headquartered in Fremont, California, founded in 1998. It designs, builds, deploys, and manages AI factories and high-performance computing systems, and also offers specialty memory products and LED components. The company has between 1,000 and 5,000 employees, reports revenue in the range of $1.4 billion, and serves automotive, electric-vehicle, electronics, medical, and industrial equipment markets. In March 2026, it was selected by Deepgram to deploy optimized AI inference infrastructure for enterprise voice AI.
Penguin Solutions at a glance
Revenue
1.4B
Employees
1,000-5,000
Founded
1998
Headquarters
Fremont, California
Ownership
Publicly traded (NASDAQ: PENG)
Import activity
3
Industries
Automotive
Electric Vehicles
Electronics
Medical
Plumbing & Hardware
Industrial Equipment
Sourcing and import activity
From US customs bill-of-lading records
US sea imports
3
Named foreign suppliers
2
Top origins
Singapore
Shared foreign counterparties do not establish that these companies buy from Penguin Solutions.
What this tells a buyer
The company's most recent development on record is its March 2026 selection by Deepgram to deploy optimized AI inference infrastructure for enterprise voice AI, followed by its fourth-quarter and full-year fiscal 2026 results announced in October 2026.
Its listed offerings include AI infrastructure systems such as the OriginAI platform, LED products, and assembly services, with a manufacturing facility in Atibaia, Brazil.
The company trades on a public exchange under the ticker PENG and reports revenue in the range of $1.4 billion, though no named customers are recorded.
Source: US customs bill-of-lading records and public filings · Last verified Nov 05, 2026
Overview
Penguin Solutions is a publicly listed technology infrastructure company headquartered in Fremont, California, founded in 1998. It designs, builds, deploys, and manages AI factories and high-performance computing systems, and also offers specialty memory products and LED components. The company has between 1,000 and 5,000 employees, reports revenue in the range of $1.4 billion, and serves automotive, electric-vehicle, electronics, medical, and industrial equipment markets. In March 2026, it was selected by Deepgram to deploy optimized AI inference infrastructure for enterprise voice AI.
At a glance
Attribute | Detail |
|---|---|
Founded | 1998 |
Headquarters | Fremont, California |
Employees | 1,000-5,000 |
Revenue | 1.4B |
Ownership | Publicly traded (NASDAQ: PENG) |
Primary capability | Electronics & Software |
What Penguin Solutions makes
Its listed offerings include AI infrastructure systems such as the OriginAI platform, LED products, and assembly services, with a manufacturing facility in Atibaia, Brazil.
Products and capabilities described on the company's own site include LED, Assembly (source: penguinsolutions.com).
Trade and customs footprint
The company's most recent development on record is its March 2026 selection by Deepgram to deploy optimized AI inference infrastructure for enterprise voice AI, followed by its fourth-quarter and full-year fiscal 2026 results announced in October 2026. US customs bill-of-lading records list 3 inbound shipments across 2 foreign suppliers, with top origins including Singapore.
Latest developments
2026-10-14 — Penguin Solutions - Axe Compute Signs Penguin Solutions as Strategic Partner to Accelerate Delivery of Next-Generation AI Infrastructure as Demand for Axe Compute Build Surges (penguinsolutions.com)
2026-10-06 — Penguin Solutions - Penguin Solutions Announces Fourth-Quarter and Full-Year Fiscal 2026 Results (penguinsolutions.com)
2026-09-09 — Penguin Solutions - Penguin Solutions Full-Stack AI Factory Platform Enables Lektra's Distributed AI Data Centers (penguinsolutions.com)
2026-03-17 — Penguin Solutions - Penguin Solutions Selected by Deepgram to Enable Deployment of Optimized AI Inference Infrastructure for Enterprise Voice AI (penguinsolutions.com)
2026-03-16 — Penguin Solutions - Penguin Solutions’ OriginAI Factory Platform Delivers Optimized Performance for AI Inference (penguinsolutions.com)
2025-06-26 — Penguin Solutions Strengthens Balance Sheet with Refinancing (businesswire.com)
Facilities
Penguin Solutions is headquartered in Fremont, California. Public sources also reference these locations:
Atibaia, Brazil — penguinsolutions.com
Company details
The company trades on a public exchange under the ticker PENG and reports revenue in the range of $1.4 billion, though no named customers are recorded. Penguin Solutions was founded in 1998, has an estimated 1,000-5,000 employees, and is headquartered in Fremont, California.
Frequently asked questions
What does Penguin Solutions make?
Penguin Solutions is a publicly listed technology infrastructure company headquartered in Fremont, California, founded in 1998. It designs, builds, deploys, and manages AI factories and high-performance computing systems, and also offers specialty memory products and LED components. The company has between 1,000 and 5,000 employees, reports revenue in the range of $1.4 billion, and serves automotive, electric-vehicle, electronics, medical, and industrial equipment markets. In March 2026, it was selected by Deepgram to deploy optimized AI inference infrastructure for enterprise voice AI.
Where is Penguin Solutions headquartered?
Penguin Solutions is headquartered in Fremont, California (45800 Northport Loop W, Fremont, California, 94538).
When was Penguin Solutions founded?
Penguin Solutions was founded in 1998.
How big is Penguin Solutions?
Penguin Solutions has an estimated 1,000-5,000 employees, with revenue in the 1.4B range.
Is Penguin Solutions publicly traded?
Publicly traded (NASDAQ: PENG). Public financial figures are drawn from its filings.
Does Penguin Solutions import from overseas suppliers?
US customs bill-of-lading records show 3 inbound shipments for Penguin Solutions, with top origins including Singapore.
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Last verified Nov 2026. Is this your company? Request a correction.
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