STOCK TITAN

Credo Technology Group (CRDO) Stock News

CRDO Nasdaq

Welcome to our dedicated page for Credo Technology Group news (Ticker: CRDO), a resource for investors and traders seeking the latest updates and insights on Credo Technology Group 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.

Rhea-AI Summary

Credo Technology Group (NASDAQ: CRDO) released its Fiscal Year 2025 Greenhouse Gas (GHG) Report on April 15, 2026, detailing its FY2025 operational emissions inventory.

The report covers Scope 1 (direct office emissions) and Scope 2 (purchased electricity for offices and labs), used Carbonhound for calculations, and was independently verified by Brightspot Climate Inc. Credo plans annual GHG reporting and aims to include Scope 3 emissions in future disclosures.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.54%
Tags
none
-
Rhea-AI Summary

Credo (NASDAQ: CRDO) agreed to acquire DustPhotonics to bring Silicon Photonics PIC technology in‑house, expanding its optical portfolio across 400G–3.2T and accelerating its ZeroFlap Optical Transceiver roadmap. The deal includes $750 million cash, ~0.92M shares upfront, and up to 3.21M contingent shares. Credo expects the combined optical portfolio to generate greater than $500 million in optical revenue in fiscal 2027 and says the transaction is expected to be accretive to non‑GAAP EPS in fiscal 2027. Closing is expected in Q2 2026, subject to customary conditions and regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.73%
Tags
-
Rhea-AI Summary

TE Connectivity (NYSE: TEL) and Credo Technology Group (NASDAQ: CRDO) reached a license and settlement agreement on March 27, 2026, resolving disputes over AEC technology.

According to the companies, all lawsuits between them will be promptly dismissed; the specific financial and licensing terms remain confidential.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
-
Rhea-AI Summary

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

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.97%
Tags
AI
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.97%
Tags
AI
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.97%
Tags
AI
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.74%
Tags
AI
-
Rhea-AI Summary

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%.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.81%
Tags
News
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags

FAQ

What is the current stock price of Credo Technology Group (CRDO)?

The current stock price of Credo Technology Group (CRDO) is $259.9 as of August 14, 2026.

What is the market cap of Credo Technology Group (CRDO)?

The market cap of Credo Technology Group (CRDO) is approximately 50.0B.