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.
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.
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.
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.
Credo (NASDAQ: CRDO) unveiled the Blue Heron 224G AI scale-up retimer, a multiprotocol device supporting UALink, ESUN and Ethernet for extended cable and PCB backplane links. Built on an advanced 3nm process with Credo’s 224G SerDes, it enables full recovery of a 40+dB 224G link for rack-scale AI architectures. Blue Heron is sampling now with production quantities expected in CQ3 2026.
Credo Technology Group (NASDAQ: CRDO) announced a patent license and mutual covenant agreement with 3M Company related to Credo's patents on active electrical cable technology.
Under the agreement, Credo will license certain patents to 3M; the companies described the arrangement as amicable and said the terms remain confidential.
Credo (NASDAQ: CRDO) will present at the 28th Annual Needham Growth Conference on Wednesday, January 14, 2026 at 9:30 a.m. ET in New York City.
Presenters are Bill Brennan, President and CEO, and Dan Fleming, CFO. The presentation will be webcast live and a replay will be posted on Credo’s investor relations website at http://investors.credosemi.com/.
Credo (NASDAQ: CRDO) released its 2025 Environmental, Social, and Governance (ESG) Report, outlining progress on responsible growth, governance, and product innovation.
Key highlights include:
- Advancing energy-efficient connectivity for AI and hyperscale data centers to reduce power use and waste
- Strengthening the Code of Business Conduct and Ethics
- Expanding employee health, safety, and professional development programs
- Broadening Credo Cares partnerships for education, health, and community support
The report emphasizes oversight, accountability, and product design aimed at measurable sustainability improvements; the full report is available on Credo’s ESG page.
Credo (NASDAQ: CRDO) announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, will present at the Barclays 23rd Annual Global Technology Conference on Wednesday, December 10, 2025 at 2:30 p.m. PT in San Francisco.
The presentation will be webcast live and the replay will be posted on Credo’s investor relations site at http://investors.credosemi.com/ as soon as possible after the event.
Credo Technology Group (Nasdaq: CRDO) reported Q2 FY2026 revenue of $268.0M, up 20.2% sequentially and 272.1% year‑over‑year. GAAP gross margin was 67.5% (non‑GAAP 67.7%). GAAP net income was $82.6M (GAAP diluted EPS $0.44); non‑GAAP net income was $127.8M (non‑GAAP diluted EPS $0.67). Ending cash and short‑term investments were $813.6M.
Company provided Q3 FY2026 guidance: revenue of $335.0M–$345.0M, GAAP gross margin 63.8%–65.8% (non‑GAAP 64.0%–66.0%), and GAAP operating expenses of $116.0M–$120.0M (non‑GAAP $68.0M–$72.0M). Management cited product ramps (ZeroFlap Optics, ALCs, OmniConnect) supporting continued growth.
Credo Technology Group (NASDAQ: CRDO) announced a license agreement with The Siemon Company covering Credo's patents for its active electrical cable technology.
Executives from both companies said they are pleased to have reached the agreement. The companies did not disclose financial terms or other commercial details; the terms remain confidential.