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Credo Technology's strong business momentum and revenue diversification support my continued bullish outlook, with the stock up nearly 90% since my last update. Q4 results beat expectations, with sales up 180% YoY and customer concentration risk meaningfully reduced as more hyperscalers contribute to revenue. FY2026 guidance points to >85% YoY sales growth and ~40% net margin, with product and software innovation driving further upside potential.
Live Updates Live Coverage Updates appear automatically as they are published. Vertiv Gains Ease 10:50 am by Eric Bleeker Vertiv jumped past $150 per share immediately after the opening bell, but gains have eased. The stock is currently trading for $147 per share, or up about 3.5%. Other AI infrastructure stocks like Marvell (Nasdaq: MRVL) and Credo (Nasdaq: CRDO) are also seeing strong gains today. U.S. GDP Growth is Strong 8:47 am by Eric Bleeker GDP figures just came out which show the U.S. economy grew at 3% in Q2, higher than expectations. Vertiv shares are now trading up 5.3% as of 8:45 a.m. ET. Here's What Vertiv Had to Say About Tariffs 7:45 am by Eric Bleeker Here’s the slide on tariffs from Vertiv’s earnings report. Really the only ‘negative’ from this earnings release was operating margins taking a hit from the impacts of tariffs. Longer Summary of Vertiv's Earnings 7:38 am VRT | Vertiv Holdings Q2’25 Earnings Highlights: Adj. EPS: $0.
Credo Technology Group Holding Ltd. CRDO and Astera Labs, Inc ALAB are companies that specialize in high-speed connectivity solutions essential for AI and data center infrastructure.
Credo's PCIe Retimers gain traction in AI clusters, with design wins, demos and 85% total revenue growth expected in FY26.
CRDO, JBL, and LITE have each surged over 10% in a month, riding the booming AI infrastructure demand and bullish growth outlook.
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 energy efficiency, is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. As a GSA Board Member, Mr. Brennan will collaborate wit.
CRDO's AEC segment delivered double-digit growth in the fourth quarter as data-center demand drives broader product adoption.
Credo Technology stock surged to an all-time high on Tuesday as the company's data center customers ramp their AI installations.
CRDO's margins soar as demand for high-speed connectivity drives explosive growth and positions it for an 85% revenue surge.
DELL, JBL and CRDO see strong earnings estimate upgrades as AI demand fuels growth across servers, cables, and data centers.