CREDO TECHNOLOGY GROUP HOLDING Stock Price, News & Analysis

Credo Technology (NASDAQ: CRDO) reported strong Q4 FY2025 financial results with revenue of $170.0 million, up 25.9% QoQ and 179.7% YoY. The company achieved a GAAP gross margin of 67.2% and GAAP net income of $36.6 million ($0.20 per diluted share). For full FY2025, revenue grew 126% YoY to $436.8 million, driven by increasing demand for high-performance connectivity solutions, particularly from hyperscaler customers powering AI services. Looking ahead to Q1 FY2026, Credo expects revenue between $185.0-195.0 million and GAAP gross margin of 63.4-65.4%. The company maintains a strong financial position with $431.3 million in cash and short-term investments.

Credo Technology Group (NASDAQ: CRDO) has launched PILOT, a new diagnostic and analytics software platform designed to enhance link reliability and performance across high-speed connectivity solutions. The platform supports Credo's full suite of connectivity offerings, including SerDes IP, retimer ICs, and Active Electrical Cables (AEC).

PILOT's key features include real-time link integrity monitoring, minimized link flaps, predictive diagnostics with AI-powered analytics, an intuitive debug environment, and a secure, customizable architecture. The platform is specifically engineered for hyperscale data centers, AI clusters, and cloud-scale infrastructure, enabling network administrators to proactively detect and resolve signal degradation issues before they impact workloads.

The software is currently available for evaluation on Credo's PCIe retimers and will be rolled out across other product lines in coming quarters. Early-access customers have reported superior usability, faster deployment, and improved consistency in dense rack-scale environments.

Credo Technology Group (Nasdaq: CRDO) has announced it will host a conference call on June 2, 2025, at 2:00 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2025 financial results. The financial results will be released after market close on the same day.

Participants can join the call by dialing 888-596-4144 (toll-free) or +1 646-968-2525 (international) with conference ID 5251802. Registration is recommended 10 minutes before the call starts. A live webcast and replay will be available on Credo's Investor Relations website.

Credo Technology Group (NASDAQ: CRDO) has unveiled its new Lark family of optical Digital Signal Processors (DSPs), targeting next-generation AI applications, cloud computing, and hyperscale networks. The family includes two products: the Lark 800 for full retimed 800G transceivers and the Lark 850 for 800G Linear Receive Optics (LRO), with power consumption under 10W.

The Lark family represents Credo's fifth generation DSP architecture, featuring high performance, reliability, and low power consumption. Key features include programmable power-saving modes, scalability for various optical transceiver applications, and flexibility in architecture selection.

According to Cignal AI, over 9 million 800GbE modules were deployed in 2024, with more than 14 million forecasted for 2025, positioning the Lark DSP as a significant solution for reducing interconnect power consumption in datacenters.

Credo Technology Group Holding (Nasdaq: CRDO) has been awarded the 2025 Top Workplaces USA recognition, highlighting its excellence in creating an employee-centric workplace culture. The award, co-sponsored by Energage and USA TODAY, evaluates organizations with 150+ employees through engagement surveys focusing on cultural drivers including alignment, execution, and connection.

Among over 42,000 invited organizations, Credo stood out for its commitment to fostering collaboration, innovation, and employee satisfaction. CEO Bill Brennan emphasized the company's focus on creating an environment where teams feel valued and motivated. The semiconductor company's success is attributed to its strong emphasis on employee well-being, professional development, and diversity initiatives.

Credo Technology Group (NASDAQ: CRDO) will showcase its latest optical connectivity solutions at the 50th Optical Fiber Communications (OFC) Conference in San Francisco from April 1-3, 2025. The company will demonstrate a live AI scale-out network featuring single mode and multi-mode transceivers based on Credo digital signal processors (DSPs).

Key highlights include an 800G 2xDR4 transceiver consuming less than 10W of power and a 224Gb/s optical demonstration incorporating 3nm silicon. The company will also showcase Active Electrical Cables (AECs) for high-performance networking. Don Barnetson, SVP of Product, will participate in a panel discussion on AI's Optical Bottleneck on April 1.

Credo Technology Group Holding (NASDAQ: CRDO) and WPG Americas Inc. (WPGA) have announced a strategic partnership to expand the distribution of high-performance connectivity solutions. The collaboration focuses on delivering Credo's advanced product portfolio, including optical DSPs, linecard gearbox, retimer & MACsec PHYs, Chiplets, and Active Electrical Cables.

The partnership aims to broaden Credo's market reach while enhancing WPGA's technological offerings. Credo's solutions are specifically designed for high-speed data transmission with low power consumption, targeting applications in hyperscale data centers, telecommunications, and cloud computing sectors.

Credo Technology Group (NASDAQ: CRDO) and XConn Technologies announced a joint demonstration at NVIDIA GTC 2025 conference, showcasing PCIe 5.0 interoperability. The demo features Credo's Toucan-based OSFP-XD PCIe Active Electrical Cables (AECs) working with XConn's 256-lane PCIe 5.0 Apollo switch in an AI cluster.

The demonstration will connect ten NVIDIA H100 GPUs to a server through the XConn switch, running a Hugging Face Llama LLM inference workload. This marks the first public showing of Credo's PCI Express Gen5 AEC in a high-performance AI environment. The showcase will be held at Booth 1810 during the conference from March 17-21, 2025.

Credo Technology Group (NASDAQ: CRDO) has filed a patent infringement complaint with the United States International Trade Commission against Amphenol , Molex , TE Connectivity PLC, and Volex PLC on March 13, 2025. The complaint seeks to block the importation of products that allegedly infringe Credo's Active Electrical Cables (AECs) patents.

The company is also filing parallel complaints in Federal District Court for willful infringement, noting that these companies were notified of Credo's patents in September 2023. Credo, founded in 2008, claims to have invented AECs through engineering work dating back to 2017, investing tens of millions of dollars in developing this technology.

The legal action aims to protect Credo's intellectual property in high-speed wired connectivity solutions for the data infrastructure market, including their distinctive purple HiWire AECs. The company has retained Fish and Richardson, P.C. as legal representation in this matter.