Penguin Solutions Signs AI Data Center Collaboration Agreement with SK Telecom and SK hynix
Penguin Solutions, Inc. (PENG)
Company Research
Source: Business Wire
Collaboration expected to provide technology and capabilities to deliver comprehensive AI data center solutions and services to expanded geographic regions LAS VEGAS--(BUSINESS WIRE)--Penguin Solutions, Inc. (Penguin Solutions; Nasdaq: PENG) today announced it has entered into a strategic collaboration agreement with SK Telecom (“SKT”) and SK hynix to pursue the development and delivery of comprehensive AI data center (“AIDC”) solutions. The agreement, signed during CES 2025 in Las Vegas, follows the December closing of SKT’s $200 million strategic investment in Penguin Solutions as the AI infrastructure market continues to gain traction across a broad array of industries.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109090038/en/Photo L to R: Ju Seon Kim, President AI Infrastructure SK hynix; Young Sang Ryu, President and CEO SK Telecom; and Mark Adams, President and CEO Penguin Solutions join hands after the signin
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PENG
Earnings
- 10/7/25 - Beat
PENG
Sec Filings
- 10/22/25 - Form 4
- 10/22/25 - Form 4
- 10/22/25 - Form 4
- PENG's page on the SEC website