Penguin Solutions Inc. (NASDAQ:PENG) shares are trending on Wednesday.
PENG shares surged 11.01% to $48.99 after hours trading on Tuesday, as the company’s Advanced Micro Devices (NASDAQ:AMD)-backed high-performance computing expansion and fresh Securities and Exchange Commission insider filings drew investor attention.
Penguin-AMD-Shell Trio
Penguin, together with AMD, deployed an Altus server cluster at Shell’s Skybox Houston One facility in Katy, Texas, featuring 864 dual-socket systems powered by fourth-generation AMD EPYC 9654 processors for a total of 165,888 cores, all cooled through six GRC IceRaq Series 10 Duo immersion units.
Shell’s Houston data center runs on 100% renewable electricity from Shell Energy North America.
Phil Pokorny, Chief Technology Officer of Penguin Solutions, said the tripartite collaboration reflects “our shared goal of achieving data center sustainability.” He added that Penguin’s 25 years of HPC cluster deployment experience positions the company “at the forefront of integrating new technologies such as immersion cooling.”
Full story available on Benzinga.com
