STOCK TITAN

SMART Global Holdings, Inc. Ordinary Shares - SGH STOCK NEWS

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.

Overview of SMART Global Holdings, Inc. (SGH)

SMART Global Holdings, Inc. is synonymous with extensive expertise in specialty memory, storage, and hybrid technology solutions, positioning itself as an invaluable partner for original equipment manufacturers in the electronics industry. With over 25 years of proven experience, the company excels in delivering innovative memory solutions, advanced storage technologies, and versatile hybrid modules that address the evolving demands of computing, networking, communications, and industrial applications.

Core Business Capabilities and Technology Solutions

At its core, SMART Global Holdings has built a portfolio that spans a wide spectrum of memory and storage solutions. The company combines technical design expertise with comprehensive manufacturing and supply chain processes to create robust memory and storage products. Its product line includes dynamic random access memory (DRAM), flash memory, and hybrid memory solutions available in multiple form factors to meet diverse customer requirements. Through a dedication to customer-specific design and engineering support, the company effectively integrates cutting edge semiconductor technology with precision manufacturing standards.

Customer Collaboration and Integrated Solutions

SMART Global Holdings collaborates closely with a broad spectrum of OEM customers. These partnerships enable the company to fine-tune its products to match exacting technical specifications found in high-end computing systems, communications equipment, and industrial applications. By involving expert teams at every stage—from initial design to final testing—the company ensures that every solution is optimized for both performance and reliability. This integrated approach not only enhances the overall product quality but also reinforces the company's position as a trusted strategic partner in the global electronics market.

Market Position and Competitive Landscape

Within the competitive landscape of the electronics industry, SMART Global Holdings stands out due to its unwavering commitment to innovation and excellence. The company has carved out a niche by offering in-depth, customer-specific technical support and value-added testing services that ensure superior end-product performance. This commitment has allowed the company to secure long-standing relationships with global OEMs who demand reliability, tailored solutions, and flexible design capabilities across multiple segments including computing, networking, storage, and mobile platforms.

Manufacturing Excellence and Quality Assurance

Quality is a cornerstone of SMART Global Holdings' operations. Utilizing advanced manufacturing processes and comprehensive testing regimes, the company not only meets but exceeds industry standards. Expert engineers and quality assurance professionals work collaboratively to deliver products that reliably perform under demanding conditions. These rigorous quality measures have bolstered the company’s reputation as an authority in crafting memory solutions that are both robust and innovative.

Engineering Innovation and Industry Expertise

Innovation remains at the forefront of SMART Global Holdings' strategic outlook. Leveraging decades of expertise, the company continually refines its technology to address new challenges in the dynamic field of electronics. Its emphasis on customer-specific design, technical support, and rigorous testing highlights a commitment to both comprehensive quality and innovation. By integrating emerging trends in semiconductor and micro-electronics technology, SMART Global Holdings has maintained a strong industry presence that is engineered to serve the sophisticated requirements of a global market.

Integrated Business Model and Global Reach

Embodying a multifaceted business model, SMART Global Holdings exemplifies how technological innovation and customer-centric processes can be combined to deliver superior solutions in specialty memory and storage. The company’s operations include end-to-end services that span the initial design phase, through prototyping and production, to final quality validation. This comprehensive service offering enables it to function as a single point of contact for clients seeking streamlined, high-performance memory and storage solutions, further reinforcing its authority within the electronics supply chain. Its global footprint reflects a vast network of partnerships and an in-depth understanding of regional market dynamics, making it a key participant in the fast-evolving electronics ecosystem.

Understanding the Company's Value Proposition

SMART Global Holdings distinguishes itself through a combination of deep engineering expertise, robust technical support, and a commitment to quality and innovation. The company’s value proposition lies in its ability to translate complex design requirements into scalable, reliable memory and storage solutions that cater to the specific needs of diverse industries. Its extensive experience has cultivated a reputation for precision and adaptability, ensuring that its offerings remain at the forefront of the rapidly changing technology landscape.

Conclusion

In summary, SMART Global Holdings, Inc. is a comprehensive provider of specialty memory, storage, and hybrid solutions that serve a broad array of industries worldwide. By combining advanced technological capabilities with customized design support and rigorous quality assurance, the company continues to reinforce its stature as a trusted partner in the electronics industry. The emphasis on collaboration, innovation, and manufacturing excellence underlines a deep commitment to operational integrity and technical superiority—a hallmark of its market significance and competitive positioning.

Rhea-AI Summary
SMART Modular Technologies introduces a new family of CXL Add-in Cards for memory expansion in high-performance servers. The CXL Add-in Cards enable Data Center, Cloud Services, and HPC Providers to easily expand memory capacity for memory-intensive compute applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.18%
Tags
none
-
Rhea-AI Summary
SMART Global Holdings, Inc. reported a 19% sequential increase in IPS revenue, with total revenue reaching $285 million for the second quarter of fiscal 2024. The company highlighted a shift towards becoming a high-value enterprise solutions provider and announced the appointment of Pete Manca as President of Intelligent Platform Solutions. Financially, net sales increased to $284.8 million, but GAAP EPS decreased to $(0.26), with a decline in gross margins. The company also provided a financial outlook for the third quarter of fiscal 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.07%
Tags
-
Rhea-AI Summary
SMART Modular Technologies, a division of SGH, introduces ultra-high reliability Zefr ZDIMM memory modules for data centers and high-performance computing platforms. The modules offer superior uptime and reliability, outperforming industry standards with DPPM ranging from 200 to 300, compared to 3,000 to 5,000. SMART's Zefr screening process ensures robustness and resilience in demanding computing environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.52%
Tags
none
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
none
-
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
none
-
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
AI
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
none

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 February 7, 2025.

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 core products does SMART Global Holdings, Inc. offer?

SMART Global Holdings provides a wide range of specialty memory, storage, and hybrid solutions tailored for OEMs in computing, networking, and industrial applications.

How does the company ensure product quality?

The company employs advanced manufacturing processes and rigorous testing protocols to meet and exceed industry standards, ensuring high reliability and performance.

Who are the primary customers of SMART Global Holdings?

Its primary customers include global OEMs in sectors such as computing, communications, networking, and industrial markets that require high-performance memory and storage solutions.

What distinguishes SMART Global Holdings from its competitors?

Its emphasis on customer-specific design, technical support, and integrated services across the product lifecycle distinguishes it by offering tailor-made solutions for demanding applications.

Is technological innovation a focus at SMART Global Holdings?

Yes, the company invests significantly in refining its memory and hybrid technologies to keep pace with evolving industry demands and maintains deep technical expertise.

How does the company support its OEM partners?

It collaborates closely with OEMs throughout the design, manufacturing, and testing phases, ensuring customized, high-quality solutions that meet specialized requirements.

What role does quality assurance play in its operations?

Quality assurance is integral; the company’s stringent testing regimes and advanced production processes ensure that every solution delivers optimum performance under varying operating conditions.

Can SMART Global Holdings’ services be considered comprehensive?

Yes, the company offers an end-to-end service model that includes design consultation, prototype development, manufacturing, and final product validation, serving as a single point of contact for comprehensive memory solutions.
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
Link
United States
NEWARK