ENTITY · smart_modular
SMART Modular TechnologiesPENG
United States·modules·major·$3.5B mkt cap
Specialty memory modules and storage (Penguin Solutions).
CLEAR · 0–39
32/100 illustrative
Underwriting Thesis
CLEAR — SMART Modular Technologies: sole-source / single-point-of-failure dominance compounded by criticality to DoD-exposed downstream programs in modules. A chokepoint underwriting concern at this tier.
Factor Breakdown
Foreign-Origin Concentration18
Sole-Source Dependence59
Sanctions Exposure0
Downstream Criticality57
Sanctions Exposure
Entity not present on tracked screening lists (CSL).
DoD Exposure
No matched DoD semiconductor awards (USASpending) for this entity.
Shortest paths → DoD-exposed firms
- Scale AI · 3 hops · $105.6MSMART Modular Technologies → Dell Technologies → CoreWeave → Scale AI
Possible substitutes · same commodity buckets
Chokepoint Relationships
Key Suppliers · upstream · 3
- Micron TechnologyUnited StatesDOMESTIC
- Samsung ElectronicsSouth KoreaALLIED
- SK hynixSouth KoreaALLIED
Key Customers · downstream · 4
- Dell TechnologiesUnited StatesDOMESTIC
- Hewlett Packard EnterpriseUnited StatesDOMESTIC
- Super Micro ComputerUnited StatesDOMESTIC
- AppleUnited StatesDOMESTIC