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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 (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.

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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.

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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/.

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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.

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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.

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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.

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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.

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Credo (NASDAQ: CRDO) President and CEO Bill Brennan was appointed to the Axiado Board of Directors on November 18, 2025. Brennan brings over 25 years of semiconductor and connectivity leadership and was elected to the Global Semiconductor Alliance board in July 2025.

Axiado cited Brennan’s expertise in cloud infrastructure, AI data centers, and hyperscale networking as strategic to advancing its Trusted Control/Compute Unit (TCU) platform security and system management efforts for data center, 5G, and networking applications.

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Credo (NASDAQ: CRDO) will host a conference call on Monday, December 1, 2025 at 2:00 p.m. PT to discuss fiscal second quarter results for the period ended November 1, 2025. The company said the related earnings release will be issued after market close on December 1, 2025.

Interested parties may join by dialing 800-715-9871 (U.S. toll-free) or +1 646-307-1963 (international) using conference ID 5251802. A live webcast and replay will be available at http://investors.credosemi.com/. Participants are advised to dial in at least 10 minutes before the start time.

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Credo (NASDAQ: CRDO) unveiled Weaver, the first product in its OmniConnect family: a memory fanout gearbox aimed at easing AI inference memory bottlenecks. Weaver uses 112G VSR SerDes and Credo proprietary design to increase I/O density up to 10x and enable up to 6.4TB memory and 16TB/s bandwidth with LPDDR5X. The OmniConnect 112G VSR interface is available for design-in now, and Weaver is scheduled for availability in 2H 2026. Weaver supports flexible DRAM packaging, late binding, telemetry/diagnostics, and is positioned for migration to next-gen memory protocols. Register for Credo’s webinar on Nov 10, 2025 to learn more.

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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.