CREDO TECHNOLOGY GROUP HOLDING Stock Price, News & Analysis

Credo Technology (NASDAQ: CRDO) has announced the acquisition of Hyperlume, Inc., a private company specializing in MicroLED-based optical interconnect technology for chip-to-chip communication. This strategic acquisition enhances Credo's portfolio of high-speed connectivity solutions, particularly targeting AI-driven data infrastructure deployments.

The integration of Hyperlume's microLED technology addresses the increasing bandwidth demands in AI, cloud, and hyperscale data centers by offering high-speed, energy-efficient, and low-latency data transmission capabilities essential for scaling massive AI clusters. The technology utilizes specialized ultra-fast microLEDs and ultra-low power circuitry to overcome traditional electronic interconnect limitations.

Credo Technology (NASDAQ: CRDO) has launched its new 224G PAM4 SerDes IP on TSMC's N3 process technology. This advancement enables 1.6Tbps port connectivity solutions, doubling the data rate of their previous 112G PAM4 IP.

The technology provides the networking backbone crucial for next-generation AI, cloud computing, and hyperscale applications. According to the 650 Group, the 1.6Tbps networking market is projected to reach $13B by 2028. The SerDes IP family includes signaling options from 28G to 224G with various reach options including LR+, LR, MR, and VSR+.

Credo Technology (NASDAQ: CRDO) will showcase its advanced optical connectivity solutions at the European Conference on Optical Communication (ECOC) Exhibition from September 29 – October 1, 2025, in Copenhagen, Denmark.

The company will demonstrate its 1.6Tbps Bluebird optical digital signal processor (DSP) supporting 224Gbps per lane PAM4 data transmission, and 800G transceivers powered by the Credo Lark 850 DSP consuming less than 10W of power. These innovations focus on delivering improved power efficiency for AI networks and next-generation optical communications.

Omni Design Technologies has successfully raised over $35 million in an oversubscribed Series A funding round, led by CDIB-TEN Capital and other prominent investors. The company specializes in Wideband Signal Processing™ solutions for AI data applications.

The funding round attracted notable investors including CDIB-Innolux II, FM Capital, Tipping Point Ventures, VentureTech Alliance, and others. Omni Design's technology has been adopted by multiple tier-one customers for applications in networking, wireless communications, autonomous vehicles, satellite communications, and AI.

The company's patented solutions deliver high-performance, low-power data conversion technology with built-in intelligence, addressing the growing demand for AI-driven data processing and increasing network speeds.

Credo Technology (NASDAQ: CRDO) has unveiled its groundbreaking Bluebird Digital Signal Processor (DSP) for 1.6Tbps optical transceivers, designed specifically for AI networks. The new DSP enables 224Gbps per lane PAM4 data transmission with industry-leading power efficiency, allowing 1.6T transceivers to operate at under 20W power consumption.

The Bluebird DSP features ultra-low latency below 40ns in each direction and supports high-density 800G or high-capacity 1.6T optical transceivers. Key capabilities include advanced telemetry features for link monitoring, optional IEEE-compliant error correction for various fiber reaches, and dynamic performance optimization features for different operating environments.

Credo Technology (Nasdaq: CRDO), a provider of high-speed connectivity solutions for AI and cloud computing, reported strong Q1 FY2026 financial results. The company achieved revenue of $223.1 million, marking a dramatic 274% year-over-year growth and 31% quarter-over-quarter increase.

Key financial metrics include a GAAP gross margin of 67.4%, GAAP net income of $63.4 million, and non-GAAP net income of $98.3 million. The company reported GAAP diluted EPS of $0.34 and non-GAAP diluted EPS of $0.52.

Looking ahead to Q2 FY2026, Credo expects revenue between $230.0-240.0 million and GAAP gross margin between 63.5-65.5%. The company maintains a strong financial position with $479.6 million in cash and short-term investments.

Credo Technology Group (NASDAQ: CRDO), a provider of secure, high-speed connectivity solutions, has announced a settlement agreement with Volex plc regarding a patent dispute over Credo's active electrical cable technology. The agreement includes licensing terms and will result in the dismissal of the ongoing lawsuit between the parties.

While specific terms remain confidential, both companies expressed satisfaction with the amicable resolution through a joint statement. The settlement resolves all patent infringement claims related to Credo's active electrical cable technology.

Credo Technology Group (NASDAQ: CRDO), a provider of secure, high-speed connectivity solutions for AI applications, cloud computing, and hyperscale networks, has announced its participation in the upcoming 2025 Goldman Sachs Communacopia + Technology Conference.

Chairman, President and CEO Bill Brennan and CFO Dan Fleming will present on September 10, 2025, at 3:45 p.m. PT in San Francisco. The presentation will be available via live webcast on Credo's investor relations website, with a replay accessible shortly after the event.

Credo Technology Group (NASDAQ: CRDO), a provider of secure, high-speed connectivity solutions, has announced a settlement agreement with Amphenol regarding their patent disputes over active electrical cable technology. The agreement includes a licensing arrangement between the two companies.

The settlement will result in the dismissal of all pending lawsuits between the parties. While specific terms remain confidential, Credo's Senior VP of Product, Don Barnetson, expressed satisfaction with the amicable resolution of the disputes.