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 (CRDO) drives innovation in high-speed connectivity solutions for data infrastructure networks. This hub provides investors and technology professionals with essential updates on the company's advancements in SerDes technology, DSP architectures, and next-generation networking products.
Access official press releases covering product launches, strategic partnerships, and financial performance. Our curated collection helps stakeholders track CRDO's role in enabling 5G infrastructure, hyperscale data centers, and high-performance computing ecosystems. Discover updates on integrated circuits, active electrical cables, and IP licensing developments critical to modern data transmission.
Bookmark this page for reliable updates on CRDO's technological milestones and market positioning. Check regularly for new announcements about bandwidth optimization solutions and emerging terabit connectivity standards shaping global data infrastructure.
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.
Credo Technology Group Holding (NASDAQ: CRDO) has announced its participation in NVIDIA GTC 2025, scheduled for March 17-21 in San Jose, CA. The company will showcase its Toucan PCIe Gen6.x/CXL3.x retimers in a full rack demonstration, emphasizing their role in AI infrastructure scaling.
At booth 1810, Credo will display various products including PCIe AECs, OSFP-XD PCIe AECs, and HiWire ZeroFlap AECs for Ethernet. The company will demonstrate their PCIe AECs in a scale-up setup featuring XConn's 256-lane PCIe switch and 10 H100s, along with a live demo of Hugging Face Llama 3.1 inference.
Phil Kumin, Associate Vice President of PCIe Product, will present on 'Extending PCIe/CXL by Using Active Electrical Cables,' showcasing a disaggregated rack-scale GPU cluster implementation with x86 server, NVIDIA H100 GPUs, and PCIe 5.0 components.
Credo Technology Group (Nasdaq: CRDO) reported strong financial results for Q3 FY2025, ended February 1, 2025. Revenue reached $135.0 million, showing remarkable growth of 87.4% quarter-over-quarter and 154.4% year-over-year. The company achieved GAAP gross margin of 63.6% and reported GAAP net income of $29.4 million ($0.16 per diluted share).
The record revenue was primarily driven by their AEC product line, marking a significant business inflection point. The company ended the quarter with a strong cash and short-term investment position of $379.2 million.
Looking ahead to Q4 FY2025, Credo projects revenue between $155.0-165.0 million, with expected GAAP gross margin of 62.7-64.7% and operating expenses between $73.0-75.0 million.
Credo Technology Group (NASDAQ: CRDO) has announced that its PCIe 5.0 'Toucan' retimer has successfully passed testing at the PCI-SIG Compliance Workshop #133 in Taipei. This achievement validates the retimer's compliance with PCIe 5.0 technology integration standards, leading to its inclusion on the PCI-SIG Integrators List.
The Toucan family of retimers offers PCIe specification compliance along with industry-leading latency and reach capabilities, enabling system designers to develop high-performance PCIe systems. This milestone reinforces Credo's position in high-speed connectivity solutions, particularly for AI infrastructure applications.
Credo Technology Group Holding (Nasdaq: CRDO) has announced a conference call scheduled for Tuesday, March 4, 2025, at 2:00 p.m. Pacific Time to discuss its fiscal third quarter 2025 financial results for the period ended February 1, 2025. The financial results will be released after market close on March 4, 2025.
Participants can join the call by dialing 888-596-4144 (toll-free) or +1 646-968-2525 (international) using conference ID 5251802. Registration and dial-in are recommended 10 minutes before the call starts. A live webcast and replay will be available on Credo's Investor Relations website.
