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The Latest Breaking News from CRDO

Nvidia, Broadcom, Marvell Poised To Gain Big From $1.2 Trillion AI Spending Wave By 2030: Analyst

U.S. chipmakers including NVIDIA Corp (NASDAQ:NVDA), Broadcom Inc (NASDAQ:AVGO), Advanced Micro Devices Inc (NASDAQ:AMD), Marvell Technology Inc (NASDAQ:MRVL), and Credo Technology Holding Ltd. (NASDAQ:CRDO) are set to benefit from a massive wave of artificial intelligence infrastructure spending projected to top $1.2 trillion by 2030.

3 Under-the-Radar Stocks Set to Benefit From Oracle’s Boom

3 Under-the-Radar Stocks Set to Benefit From Oracle’s Boom

Oracle just provided an outlook on its artificial intelligence-driven business that shocked markets in a great way. These three stocks can benefit.

This AI Stock Is Up 500% in the Past Year But You’ve Probably Never Heard of It

This AI Stock Is Up 500% in the Past Year But You’ve Probably Never Heard of It

Credo Technology stock has soared over 500% in a year, powered by 274% revenue growth, major design wins in AI data centers, and unanimous “Strong Buy” analyst ratings—making it a standout play as demand for high-speed connectivity accelerates.

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Credo Stock Is Trading Higher Thursday: What's Going On?

Credo Technology Group Holding Ltd (NASDAQ:CRDO) shares are trading higher Thursday after the company reported better-than-expected first quarter financial results and issued second quarter sales guidance above estimates on Wednesday after the market closed.

Credo Revenue Forecast Jumps 120%, Analyst Expects Hyperscaler Demand To Drive Growth

Credo Technology (NASDAQ:CRDO) expects fiscal 2026 revenue to jump roughly 120% year-over-year, fueled by strong demand from hyperscaler customers and adoption of its AEC products.

This Data Center Stock Is Up 330% in the Past Year

Credo Technology (CRDO) hit a new 52-week high on July 31. The stock shows strong technical momentum and has a 100% “Buy” signal via Barchart. Shares are up nearly 330% over the past year. Despite positive momentum, CRDO is highly volatile and speculative, requiring disciplined risk management and stop-loss strategies....

Intel’s New CEO Is Dumping This Tech Stock. The Rest of Wall Street Thinks It’s a ‘Strong Buy.’

Credo is a chip stock that has returned more than 600% to shareholders since its initial public offering (IPO) in 2022. Is CRDO overvalued given that Intel’s CEO is dumping this stock?

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A New All-Time High Is Coming Soon for Credo Technology Group

A New All-Time High Is Coming Soon for Credo Technology Group

Credo Technology's stock price surge suggests a high potential for new highs to be achieved this year, but it also presents risks for traders and investors.

5 AI Data Center Stocks to Buy for 2025

5 AI Data Center Stocks to Buy for 2025

The AI data center market is booming, driven by the rise of generative AI and advances in computing, and five stocks - NVIDIA, Dell, Broadcom, Credo, and Micron - are well-positioned to benefit from this trend, offering investors a chance to capitalize on the growing demand for AI-ready infrastructure.

Credo Technology Group Earnings Preview

Credo Technology Group (NASDAQ:CRDO) is preparing to release its quarterly earnings on Monday, 2024-12-02. Here's a brief overview of what investors should keep in mind before the announcement.

3 Top-Rated AI Growth Stocks to Scoop Up Now

3 Top-Rated AI Growth Stocks to Scoop Up Now

With AI demand rising, these three top-rated stocks could be enticing picks for investors to capitalize on the tech boom.

3 'Strong Buy' Semiconductor Stocks You Don't Want to Miss

3 'Strong Buy' Semiconductor Stocks You Don't Want to Miss

With demand for the semiconductor industry exploding, it might be wise to consider these three ‘Strong Buy’-rated chip stocks now.

Is Credo Technology (CRDO) a Hidden Gem in Tech Services?

Is Credo Technology (CRDO) a Hidden Gem in Tech Services?

Credo Technology (CRDO) is well-positioned for long-term growth, driven by surging demand for its high-speed connectivity solutions, its focus on introducing innovative products, and strategic collaborations. However, considering its elevated valuation and enhanced volatility, should you consider adding CRDO to your portfolio? Read on to find out….

Analyst Ratings for Credo Technology Group

Analyst Ratings for Credo Technology Group

Within the last quarter, Credo Technology Group (NASDAQ:CRDO) has observed the following analyst ratings:

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Why This Analyst Believes In Credo Technology

Credo Technology Group Holding Ltd (NASDAQ: CRDO) is an emerging cloud networking specialist that estimates its addressable market to grow at a compounded annual growth rate (CAGRA) of nearly 49%, according to BofA Securities.

Credo Shares Pop As Multiple Analysts Initiate Coverage And See Sharp Upside

Multiple analysts initiated coverage on Credo Technology Group Holding Ltd (NASDAQ:CRDO) with a positive stance. Goldman Sachs analyst Toshiya Hari initiated coverage on Credo with a Buy rating and price target of $23 (51.3% upside). Stifel analyst Tore Svanberg initiated coverage on Credo with a Buy rating and price target of $20 (31.6% upside). BofA analyst Vivek…

Credo Tech Shares Pop After Completing Its IPO

Credo Technology Group Holding Ltd (NASDAQ:CRDO) completed an initial public offering of 20 million shares at $10.00 per share. The company raised $183.8 million from the offering. The underwriters had a 30-day option to purchase additional shares up to 3 million. Related Content: Credo announces pricing of initial public offering On February 7, the…

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Jim Van Meerten

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Intel Corporation

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Artificial Intelligence

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