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CREDO TECHNOLOGY GROUP HOLDING (CRDO) Stock News

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Welcome to our dedicated page for CREDO TECHNOLOGY GROUP HOLDING news (Ticker: CRDO), a resource for investors and traders seeking the latest updates and insights on CREDO TECHNOLOGY GROUP HOLDING stock.

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 Technology Group (NASDAQ: CRDO) announced a cross-license and settlement with Molex, resolving all pending patent litigation between the companies on March 26, 2026. The agreements will lead to prompt dismissal of the lawsuits. Terms are confidential, and the companies did not disclose financial or operational details.

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Credo (NASDAQ: CRDO) announced general availability of its 800G 2×DR4 ZeroFlap (ZF) optical transceivers, designed to reduce optical link flaps, improve fault detection, and accelerate AI cluster time to first token. ZF transceivers include in-band telemetry, automated remediation, smart ticketing, and PILOT extensions for telemetry extraction supporting SONiC and other NOS.

Products ship in Integrated Heat Sink (IHS) and Riding Heat Sink (RHS) versions and are available now; sales inquiries directed to the company.

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Credo (NASDAQ: CRDO) introduced Cardinal, a 3nm family of low-power 1.6T optical DSPs designed for massive AI fabrics. Cardinal offers dedicated 224G/lane retimed and linear-receive DSPs, integrated high-swing EML and silicon photonics drivers, advanced diagnostics, and sampling to lead customers.

Key performance claims include power in LRO and 40 ns

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Credo (NASDAQ: CRDO) launched the Robin family of 800G and 400G optical DSPs on March 17, 2026, targeting AI data center networks with improved signal integrity, lower power, and flexible deployment options.

Key claims: Robin devices save up to 50% PCB space, include low-power laser drivers up to 3.3Vpp, support fully retimed and LRO variants with integrated SiPh/EML drivers, and are available now.

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Credo (NASDAQ: CRDO) will showcase its optical product portfolio and technology advances at OFC 2026, March 15-19 in Los Angeles. Credo will demo ZeroFlap optics, 400G/800G and 1.6T transceivers, Gen6 PCIe over ZeroFlap AECs, and real-time PILOT telemetry at Booth #1449.

The company also presents a technical paper on multi-path interference detection on March 18 and received 2026 Lightwave Innovation Review honors for ZeroFlap transceivers.

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Credo Technology Group (Nasdaq: CRDO) reported Q3 FY2026 results for the quarter ended January 31, 2026, with revenue of $407.0M, up 201.5% YoY and 51.9% sequentially. GAAP gross margin was 68.5% and GAAP net income was $157.1M (GAAP diluted EPS $0.82).

Non-GAAP net income was $208.8M (non-GAAP diluted EPS $1.07). Ending cash and short-term investments totaled $1.3B. Management provided Q4 FY2026 guidance: revenue $425.0M–$435.0M and GAAP gross margin 63.9%–65.9%.

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Credo (NASDAQ: CRDO) announced on March 2, 2026 the acquisition of high-speed connectivity IP innovator CoMira Solutions. The deal adds link layer, error correction (ECC) and security semiconductor IP plus CoMira’s engineering team to accelerate Credo’s scale-up and scale-out AI connectivity products.

CoMira IP is expected to enhance Credo’s ZF AECs, ZF Optics, ALCs and OmniConnect line and support multiple protocols including Ethernet, ESUN, UALink and PCIe.

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Credo (NASDAQ: CRDO) announced a collaboration with TensorWave on February 25, 2026 to deploy Credo’s ZeroFlap (ZF) AECs and Optics across TensorWave’s next‑generation AMD-based AI clusters.

The deployment targets faster time to first token, higher cluster utilization, and production-grade reliability, citing 100 million hours MTBF and reliability up to 1,000x better than legacy interconnects, with integration into Credo’s PILOT telemetry platform.

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Credo (NASDAQ: CRDO) announced its production-ready 7nm Toucan PCIe retimer achieved PCI-SIG compliance at 32.0 GT/s, validating interoperability at PCIe 5.0 technology speeds and enabling deployment in PCIe 6.0-capable and legacy systems.

This compliance supports reliable signal integrity over long links, low-power operation for dense accelerator platforms, and advanced debug via the PILOT tool, positioning Toucan for AI, HPC, and multi-rack architectures while aligning with future PCIe roadmaps.

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Credo Technology Group (Nasdaq: CRDO) provided preliminary third quarter FY2026 revenue and updated Q4 guidance. Credo expects Q3 revenue of $404 million to $408 million, above its prior guidance high of $345 million. The company projects mid-single-digit sequential growth into FY2027 and >200% year-over-year revenue growth for FY2026. Credo will report full Q3 results and hold a conference call on March 2, 2026 at 2:00 p.m. PT. Management notes these Q3 figures are preliminary, unaudited and subject to closing procedures and potential adjustments.

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FAQ

What is the current stock price of CREDO TECHNOLOGY GROUP HOLDING (CRDO)?

The current stock price of CREDO TECHNOLOGY GROUP HOLDING (CRDO) is $274.47 as of June 19, 2026.

What is the market cap of CREDO TECHNOLOGY GROUP HOLDING (CRDO)?

The market cap of CREDO TECHNOLOGY GROUP HOLDING (CRDO) is approximately 50.7B.