🟢 Penguin Solutions is trading 6.7% up today on AI-memory enthusiasm and tech rally

Penguin Solutions is trading at $54.94 (6.7% up) in pre-market, extending a sharp rebound after yesterday’s 17.7% surge.

• The move follows CEO Kash Shaikh’s CNBC appearance highlighting memory is the new compute for agentic AI, which has sparked renewed investor enthusiasm.
• Sentiment is further supported by a broader technology sector rally led by strong performances from Microsoft and Amazon.