Article

Penguin Solutions, Inc. has announced that its SMART Modular CXL NV-CMM E3.S 2T memory module has achieved compliance with CXL standards and is now included on the CXL Consortium's Integrators List. Utilizing the CXL 2.0 standard, the module provides low latency and high bandwidth persistent storage, enhancing system performance for applications such as AI/ML workloads and data center operations. Additionally, the company reported a fiscal first-quarter 2026 revenue of $343.1 million, exceeding expectations and indicating a positive growth outlook.