Credo generated over $1.3 billion in revenue in fiscal 2026 and expects more than 80% growth in fiscal 2027, fueled by strong sales in optical products like ZeroFlap optics, DSPs, and silicon photonics. The acquisition of Dust Photonics has expanded Credo's capabilities into a vertically integrated AI connectivity platform covering both copper and optical technologies. Despite a high valuation at 42 times forward earnings, earnings per share growth estimates suggest significant multiple compression through 2028. This transformation indicates strong long-term potential for the company.
David H. Lerner highlights cautious optimism for SpaceX due to current valuation and expected volatility around the Starship launch, recommending patience before buying. Meta Platforms is gaining momentum driven by AI initiatives, prompting Lerner to...
Credo, a leader in Active Electrical Cables (AEC) for AI data centers, reported record Q2 revenue of $437 million, up 157% year-over-year due to unprecedented demand for its AI infrastructure products. The company maintains strong gross margins above...
Credo Technology Group Holding Ltd reported $1.3 billion in revenue for fiscal year 2026, a 206% increase year over year, with net income reaching $662 million. The company's acquisition of DustPhotonics expands its capabilities into silicon photonic...
