Credo Technology Group Stock News

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Unveils the Lark Family - Setting a New Benchmark for Low-Power 800G Optical DSPs.

Credo Technology Group's AEC market growth, driven by cloud partnerships, supports a 217% stock price increase, warranting a valuation assessment. AECs offer power efficiency and cost benefits over alternatives, with a projected 78% CAGR, benefiting Credo amid rising cloud AI infrastructure investments. Despite competition from Astera Labs and Marvell, Credo's strong growth and key customer rel...

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, has been recognized as a winner of the 2025 Top Workplaces USA award, co-sponsored by Energage and USA TODAY. This award reflects Credo's commitment to fostering a workplace cult...

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, will showcase its latest optical solutions at the 50th Optical Fiber Communications (OFC) Conference, taking place April 1-3, 2025 at the Moscone Center in San Francisco. At OFC 2...

Credo is a leading developer of Active Electrical Cables (“AECs”) which are advanced cables that are critical in high-speed data transmission making it well positioned in the AI revolution. The company has certain competitive advantages due to its SerDes technology. This can be seen in its high gross margins. Key risk facing Credo right now: most of its revenues come from a single client hypers...

SAN JOSE, Calif. , March 19, 2025 /PRNewswire/ -- WPG Americas Inc. (WPGA), a leading distributor of electronic components and supply chain services, is pleased to announce its strategic partnership with Credo, a global leader in high-performance, low-power connectivity solutions.

Credo's AECs are essential in AI data centers, driving 154% YoY revenue growth. A first-mover advantage and strong demand position it for continued outperformance. Trading at fair value near its 50-week MA, with an RSI of 43, CRDO stock offers an optimal entry. Profitability ramp will lower its P/E, supporting a $90 price target. High customer concentration, lack of long-term supply contracts, ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, working with XConn Technologies (XConn), an innovator in advanced PCIe/CXL switch technologies, today announced a public demonstration of multi-vendor PCI Express (PCIe) 5.0 inter...