Welcome to our dedicated page for SMART Global Holdings Ordinary Shares news (Ticker: SGH), a resource for investors and traders seeking the latest updates and insights on SMART Global Holdings Ordinary Shares stock.
SMART Global Holdings, Inc. (SGH) is a prominent player in the electronic products industry, specializing in memory and computing technology. The company is renowned for its application-specific product development and unwavering support for customers in various sectors, including enterprise, government, and original equipment manufacturer (OEM) markets.
SGH operates through three primary segments:
- Memory Solutions: Under the SMART Modular brand, this segment delivers high-performance, reliable memory solutions. These are achieved through advanced design, development, and packaging of cutting-edge to extended lifecycle products. SMART Modular focuses on creating custom solutions for its diverse clientele, ensuring robust technical support and value-added testing services throughout the design and manufacturing process.
- Intelligent Platform Solutions (IPS): This segment, encompassing the Penguin Solutions and recently acquired Stratus Technologies brands, provides specialized platform solutions and services for high-performance computing. These offerings cater to complex computing needs, ensuring that clients receive tailored solutions to meet demanding and unique requirements.
- Specialty Compute and Storage Solutions: This arm focuses on delivering cutting-edge storage and hybrid solutions that serve a wide array of markets, including computing, networking, communications, storage, mobile, and industrial sectors.
Having served the electronics industry for over 25 years, SMART Modular continues to innovate by closely collaborating with its global OEM customers. This partnership spans from the initial design stage through to manufacturing and supply, ensuring that the solutions developed are of the highest quality and meet the specific needs of the applications they are designed for.
The company's comprehensive product line includes DRAM, flash, and hybrid memory technologies, available in various form factors. SMART Global Holdings' commitment to innovation and customer-centric solutions has solidified its position as a leader in the specialty memory and storage solutions market.
For the latest updates and news about SMART Global Holdings, Inc., visit their official website or follow news sources regularly reporting on the company.
Rhea-AI Summary
SMART Global Holdings, Inc. (SGH) will host its quarterly financial webcast and conference call for its second quarter fiscal year 2024 earnings on April 9, 2024. Participants can access the live webcast and conference call through provided links and phone numbers. Financial results will be released in a press release prior to the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.07%
Tags
-
Rhea-AI Summary
Cree LED, an SGH company, has entered into a patent license agreement with Current Lighting Solutions, LLC for the use of KSF/PFS red phosphor in LED products. The agreement grants Cree LED a limited, nonexclusive, and world-wide license under U.S. Patent Nos. 7,358,542; 7,453,195; 7,497,973; 7,648,649; 7,847,309; and 9,680,067. This will allow Cree LED to expand its Pro9 product options, benefiting customers across all lighting applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
-
Rhea-AI Summary
SMART Global Holdings, Inc. (SGH) reported financial results for Q1 fiscal 2024, including a divestiture of SMART Brazil operations, leading to a 30% decrease in net sales. However, they achieved record gross margins and ended the quarter with $553 million in cash and short-term investments. The company also approved a $75 million share repurchase authorization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.34%
Tags
Rhea-AI Summary
SMART Global Holdings, Inc. (SGH) to Host Quarterly Financial Webcast and Conference Call for Q1 FY24 Earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.67%
Tags
-
Rhea-AI Summary
SMART Global Holdings, Inc. (SGH) announced the completion of the sale of 81% of SMART Modular Technologies do Brasil to Lexar Europe B.V. for an enterprise value of $205 million. SGH received approximately $140 million at closing and will receive a deferred payment of $28 million after eighteen months. SGH retains a 19% interest in SMART Brazil, with a put and call feature for the remaining stake between 2027 and 2029.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
-
Rhea-AI Summary
SGH (Nasdaq: SGH) Announces AI and Accelerated Computing Solutions Showcase at Supercomputing 2023 in Denver
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Stratus Technologies, an SGH company, will participate in Rockwell Automation's Automation Fair to showcase its edge computing platforms and demonstrate the Stratus ztC Endurance platform. They will also join a panel discussion on modernizing data collection for improved decision making. Stratus will share insights on how edge computing enhances operational excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.74%
Tags
-
Rhea-AI Summary
Penguin Solutions, an SGH brand, will showcase its latest HPC and AI solutions at Supercomputing 2023. The booth will feature technology demonstrations, an AI Lounge sponsored by NVIDIA, and private meeting rooms. Penguin offers tailored designs for computing infrastructures, showcases power-efficient solutions, and provides insights into hybrid cloud solutions. They also highlight their system management software suite and managed services. Penguin experts will participate in speaking engagements on AI factories and immersion cooling. Penguin is a sponsor of the Student Cluster Competition and the Beowulf Bash.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.74%
Tags
-
Rhea-AI Summary
Stratus Technologies, Inc. has launched the Stratus ztC Endurance platform, a new family of fault-tolerant computing platforms. The platform offers 99.99999% availability and performance gains through 4th gen Intel Xeon Scalable processors. It combines built-in software and hardware, proactive health monitoring, and serviceability to run mission-critical applications without downtime or data loss.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
Rhea-AI Summary
SMART Global Holdings reports financial results for fiscal year 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-44.44%
Tags
FAQ
What is the current stock price of SMART Global Holdings Ordinary Shares (SGH)?
The current stock price of SMART Global Holdings Ordinary Shares (SGH) is $20.85 as of October 15, 2024.
What is the market cap of SMART Global Holdings Ordinary Shares (SGH)?
The market cap of SMART Global Holdings Ordinary Shares (SGH) is approximately 1.1B.
What does SMART Global Holdings, Inc. specialize in?
SMART Global Holdings specializes in memory and computing technology, offering application-specific product development and support for enterprise, government, and OEM markets.
What are the primary segments of SMART Global Holdings, Inc.?
The primary segments are Memory Solutions, Intelligent Platform Solutions (IPS), and Specialty Compute and Storage Solutions.
What brands operate under SMART Global Holdings' Memory Solutions segment?
The Memory Solutions segment operates under the SMART Modular brand.
What services does the Intelligent Platform Solutions segment provide?
The IPS segment, under Penguin Solutions and Stratus Technologies brands, offers specialized platform solutions and services for high-performance computing.
How long has SMART Global Holdings, Inc. been in the electronics industry?
SMART Global Holdings has been serving the electronics industry for over 25 years.
What kind of products does SMART Modular Technologies offer?
SMART Modular Technologies offers DRAM, flash, and hybrid memory technologies in various form factors.
How does SMART Global Holdings support its OEM customers?
SMART Global Holdings collaborates closely with OEM customers throughout the design process and across multiple projects, providing extensive design capabilities, technical support, and value-added testing services.
What industries does SMART Global Holdings serve?
SMART Global Holdings serves a broad range of industries, including computing, networking, communications, storage, mobile, and industrial markets.
How can I get the latest updates about SMART Global Holdings, Inc.?
You can get the latest updates by visiting the official website or following news sources that regularly report on the company.
SMART Global Holdings, Inc. Ordinary Shares
Nasdaq:SGH
SGH Rankings
SGH Stock Data
1.10B
52.92M
2.46%
108.07%
12%
Semiconductors
Semiconductors & Related Devices
United States of America
NEWARK