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2023-06-28 16:54:15 ET Summary Wolfspeed, Inc. has used strong financing markets to raise a lot of cheap convertible debt in recent years after a capital-intensive strategic change. More debt needs to be issued to fund losses and large capital investments, this time near 10% coupo...
2023-06-23 15:22:26 ET As the end of the second quarter draws near, a range of notable companies are set to release their earnings reports next week. Leading the pack is Nike ( NYSE: NKE ), the footwear and sports apparel giant. Elsewhere, chip makers Micron Technology ( NASDA...
SMART’s DC4800 PCIe Gen4 NVMe products are designed to meet the stringent demands placed on storage systems in hyperscale, hyper-converged, enterprise and edge data centers SMART Modular Technologies , Inc. (“SMART”), a division of SGH (Nasdaq: SGH ) and...
New cutting-edge facility focused on advancing LED solutions Cree LED , an SGH company (Nasdaq: SGH ), announced today that it has officially moved into its new headquarters at the Park Point campus in Research Triangle Park, NC. This new location will focus on research an...
2023-06-16 10:06:10 ET Semiconductor maker Smart Global Holdings (NASDAQ: SGH) has been a smart stock to buy over the past few days. Its price had risen almost 13% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence . The...
2023-06-13 09:40:43 ET SMART Global ( NASDAQ: SGH ) through its wholly owned subsidiary SMART Modular Technologies will sell an 81% interest in SMART Modular Technologies do Brasil – Indústria e Comércio de Componentes to Lexar Europe, an affiliate of Shenz...
SMART Global Holdings , Inc. (“SGH” or the “Company”) (NASDAQ: SGH ) today announced that the Company, through its wholly owned subsidiary SMART Modular Technologies (LX) S.à.r.l., has entered into an agreement to sell an 81% interest in SMART Modular Techno...
SMART Global Holdings, Inc. (“SGH” or the “Company”) (Nasdaq: SGH ) today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2023 earnings after market close on Thursday, June 29, 2023, begin...
Cree LED , an SGH company (Nasdaq: SGH ), announced today that three of its latest product releases have been recognized with BrightStar Awards by LEDs Magazine. The XLamp ® Element G LEDs and XLamp ® Pro9 ™ LEDs were recognized in the “LED Light ...
Scyld ClusterWare v12.0 software streamlines cluster deployment for HPC and AI workloads Penguin Solutions ™ , an SGH ™ brand (Nasdaq: SGH ) that provides HPC, AI, and IoT technologies for edge, core, and cloud, today announced a major new release of it...
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Deep experience and expertise for AI infrastructure solutions, services, and management Today, at its Nasdaq MarketSite Analyst Day event, SMART Global Holdings , Inc. (“SGH”) (NASDAQ: SGH ) announced its intention to become Penguin Solutions, Inc. This rebranding ...
SMART Global Holdings , Inc. (“SGH”) (NASDAQ: SGH ), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that SK Telecom (“SKT”) (NYSE: SKM), an affiliate of SK Group, is making a $200 million preferred eq...
Large-scale AI cloud service provider is making 24,000 GPUs available for on-demand users via innovative exchange platform as well as for long term rentals Penguin Solutions ™ , an SGH ™ brand (Nasdaq: SGH ), today announced it has been selected...