Credo Technology Group

CRDO

Market cap $22.7B

Credo reported record Q1 FY2026 revenue of $223.1 million, up 274% year-over-year, with non-GAAP gross margins expanding to 67.6%. Despite a recent pullback, Credo remains positioned for 40% operating margins, zero debt, and potential $1 billion annualized revenue run rate. The Arm Total Design alliance integrates Credo's SerDes and DSP chiplets into Arm's Neoverse platform, unlocking high-margin IP licensing opportunities.

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers.

Credo Technology Group Holding Ltd shares have been taking a beating for the past month and crashed 8% on Friday. We see a window to load up. Credo's AEC product line is gaining traction with hyperscalers due to the better signal integrity and a smaller form factor needed as we see more rackable solutions. Customer concentration risk is not really an issue anymore, with revenue diversification expected to strengthen as Credo hosts as many as six hyperscaler customers during FY26.

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to Showcase High-Speed Connectivity Solutions for AI Infrastructure at the 2025 OCP Global Summit.

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, today announced its ZeroFlap (ZF) optical transceiver product line supporting 400G, 800G, and 1.6T network speeds. The ZF optical transceiver product portfolio is designed to enable better management and mitigation of optical link flaps — an issue whereby a link will repeatedly c.

U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 800 points during the session after President Donald Trump threatened a sweeping increase in tariffs on Chinese imports.

Credo Technology Group Holding Ltd CRDO has been one of the top gainers in the semiconductor space. The stock has surged 289.3% in the past six months, outperforming the Electronic-Semiconductors and the broader Computer and Technology sector's growth of 77.6% and 47.2%, respectively.

Five AI infrastructure players namely, CRDO, WDC, CLS, MU and UI have notched triple-digit returns YTD, with momentum still building into Q4.

Credo Technology Group Holding (NASDAQ:CRDO) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.At 11:13 AM EST on October 7, CRDO triggered a Power Inflow signal at a price of $137.46. In the hour leading up to the Power Inflow signal, CRDO price had seen a steep decrease in price leading up to the Power Inflow alert.

CRDO's Hyperlume acquisition brings cutting-edge microLED optical interconnects to strengthen AI and data center connectivity solutions.