Credo Technology Group

CRDO

Market cap $27.3B

AI infrastructure relies on Credo's high-speed data connectivity solutions to operate. While Credo has competitors, it's one of the fastest-growing, as evidenced by its latest quarterly revenue more than tripling year over year.

The rapid expansion of AI-specific infrastructure is driving demand for Credo Technology's products. In its latest reported quarter, the company achieved an impressive 272% year-over-year jump in revenue.

Investors should brace for volatility if the Supreme Court rules against tariffs, says Charles Moon from @ProsperTradingAcademy. He still favors tech even as volatility bubbles under Wall Street.

Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors?

Credo's recent stock correction was driven by multiple compression, not business weakness, creating a prime buy-the-dip opportunity for investors in 2026. CRDO's ZeroFlap optics technology enhances AI cluster reliability by enabling real-time link health monitoring, a key growth catalyst through 2027. The company's expanding customer base and entry into PCIe Gen6 markets diversify revenue and position CRDO for sustained high-margin growth.

Credo Technology Group Holding is an attractive way to benefit from the artificial-intelligence wave, according to Needham.

Semiconductor sales hit a record in November, with NVDA, MU, CRDO and ASYS set to gain from booming AI demand.

CRDO's AEC sales surge as AI and cloud demand drive faster, more efficient and highly reliable data center connectivity.

CRDO's $813.6M cash balance fuels investment, M&A and AI platform expansion as it scales rapidly amid booming demand.

Credo remains a buy as fundamentals are robust despite recent stock weakness and technical bearishness. Credo delivered 272% YoY revenue growth and significant margin expansion, with adjusted EPS up 857%, highlighting strong operational execution. Management's Q3 guidance implies 152% YoY revenue growth, continued gross margin expansion, and a $10B+ addressable market driven by five growth pillars.