Credo Buys DustPhotonics for $750M: Big Leap into Silicon Photonics for Faster, Cheaper AI Networks
Credo buys DustPhotonics to boost AI data speeds using light chips, cutting costs and power while targeting strong growth in a $6B market.
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Huang Reaffirms Copper's Role in Nvidia Servers: Optics Demand Takes a Breather
Nvidia CEO Jensen Huang reaffirms copper's role in AI server racks for Vera Rubin & Feynman, causing Coherent and Lumentum shares to fall ~4%. Credo rises as optics wait.
Credo Surges as Broadcom Delays AI Optics Shift to 2028
Broadcom confirms major AI customers will stick with copper cables in racks through 2028, boosting Credo shares while Lumentum and Coherent dip after Nvidia's optics investments.
Credo Technology Beats Estimates, But Stock Falls on 'Ho-Hum' Outlook
Despite beating Q3 earnings estimates, Credo Technology's stock drops 6% in after-hours trading due to underwhelming Q4 sales guidance that slightly misses Wall Street's expectations.
Credo Soars After Q3 Revenue Beats Estimates, Projects 200% Annual Growth
Credo Technology (CRDO) shares jump 9% after preliminary Q3 revenue exceeds expectations. Management forecasts over 200% growth for fiscal year 2026.
Credo Tech Q2 Profit Triples on AI Boom, Stock Surges
Credo Technology (CRDO) swings to $82.6M profit as Q2 revenue triples to $268M, driven by AI infrastructure demand. Stock jumps 15% on strong outlook.