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Penguin Solutions Partners with AMD and Shell to Enhance AI Data Center Performance

May 10, 2026

Contract Type

partnership

FremontInformation TechnologySoftwareArtificial IntelligenceSportsConsulting

Description

Penguin Solutions announced a new partnership with AMD and Shell, which led to a 13.47% increase in its stock price. The partnership is centered on improving AI data center performance and has prompted the company to raise its fiscal 2026 revenue growth forecast from 6% to 12%.

Quick answer

Penguin Solutions Partners with AMD and Shell to Enhance AI Data Center Performance (May 10, 2026). Penguin Solutions is based in Fremont, California, United States.

What agreement did Penguin Solutions announce on May 10, 2026?
Penguin Solutions announced a new partnership with AMD and Shell, which led to a 13.47% increase in its stock price. The partnership is centered on improving AI data center performance and has prompted the company to raise its fiscal 2026 revenue growth forecast from 6% to 12%.
What does Penguin Solutions do?
The Penguin Solutions™ portfolio, which includes Penguin Computing™ and Penguin Edge™, accelerates customers’ digital transformation with the power of emerging technologies in HPC, AI, and IoT with solutions and...
Where is Penguin Solutions based?
Penguin Solutions is based in Fremont, California, United States.

Source: Fundz verified event record.

Company Information

Company

Penguin Solutions

Location

45800 Northport Loop West

Fremont, California, United States

About

The Penguin Solutions™ portfolio, which includes Penguin Computing™ and Penguin Edge™, accelerates customers’ digital transformation with the power of emerging technologies in HPC, AI, and IoT with solutions and services that span the continuum of edge, core, and cloud. By designing highly-advanced infrastructure, machines, and networked systems we enable the world’s most innovative enterprises and government institutions to build the autonomous future, drive discovery and amplify human potential. Penguin Solutions is an SGH Brand.

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What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Penguin Solutions signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.