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Credo Technology Group Holding Ltd develops high-speed connectivity solutions for data infrastructure, AI, cloud computing and hyperscale networks. News about CRDO centers on product launches and technology updates for optical and electrical Ethernet applications, including Active Electrical Cables, optical transceivers, optical DSPs, SerDes chiplets, retimers and SerDes IP licensing.
Recurring updates also cover Credo product families and platforms such as ZeroFlap, OmniConnect, Weaver, Robin, Cardinal and PILOT, as well as participation in semiconductor technology events, environmental reporting, financial results, capital actions, governance matters and intellectual-property settlements tied to AEC technology.
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Credo (NASDAQ:CRDO) and EFFECT Photonics have announced a collaboration to develop coherent Digital Signal Processor (DSP) integrated circuits. These DSPs aim to meet the rising demands for bandwidth and connectivity by offering high-performance capabilities with low power consumption.
The initial products are targeted at 100G ZR and 100G ZR+ applications, enhancing network reach beyond 80km. The partnership leverages EFFECT's DSP technology and Credo's advanced connectivity solutions, aiming for cost-efficient production and energy efficiency, crucial for service providers and telecom operators.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) invites attendees to visit its booth 3947 at the OFC conference in San Diego from March 7-9. The company will showcase various demonstrations, including the Dove 800G Digital Signal Processor capable of supporting enhanced performance in hyperscaler environments, and the 800G Active Electrical Cable. Invitation-only appointments will highlight a 200G per lambda demo in collaboration with NewPhotonics, as well as a suite of Dove 800 optical DSP demos. Credo focuses on high-speed connectivity solutions to address bandwidth demands across data infrastructure.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) reported its third-quarter fiscal results for 2023, showcasing a 6% quarter-over-quarter revenue growth to $54.3 million, with a remarkable 71% year-over-year increase. The company achieved a GAAP gross margin of 58.9% and a non-GAAP net income of $7.5 million. However, the company anticipates a revenue decline in Q4, projecting earnings between $30.0 million and $32.0 million. Management highlighted the focus on expanding their solution portfolio to cater to the growing demand for high-speed connectivity.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) announced that CEO Bill Brennan and CFO Dan Fleming will present at the 35th Annual Roth Conference on March 13, 2023, at 12:30 p.m. PT in Dana Point, California. The presentation will focus on the company’s innovative solutions providing high-speed connectivity while improving power and cost efficiency in the data infrastructure market. It will also be webcast live on Credo’s IR website, with a replay available afterward.
Credo aims to overcome bandwidth barriers and offers optimized connectivity solutions for various Ethernet applications, including 100G to 800G port markets.