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.
Credo (NASDAQ: CRDO) has been named a 2026 USA TODAY Top Workplace for the second consecutive year and a 2026 San Francisco Bay Area Top Workplace for the third year.
These honors, based on Energage’s anonymous employee survey, highlight Credo’s people-first culture and focus on innovation, flexibility, benefits, leadership, development, and employee well-being.
Credo (Nasdaq: CRDO) reported strong fourth quarter and fiscal 2026 results. Q4 revenue reached $437.0 million, up 7.4% sequentially and 157.0% year over year, with GAAP gross margin of 68.2%. GAAP net income was $169.1 million, or $0.88 diluted EPS.
For fiscal 2026, revenue was $1.3 billion and non-GAAP net income was $662 million. Credo ended the year with $1.4 billion in cash and short-term investments. For Q1 fiscal 2027, revenue is guided to $465–$475 million with GAAP gross margin of 66.9–68.9%.
Credo (NASDAQ: CRDO) completed the acquisition of DustPhotonics, adding silicon photonics photonic integrated circuit (SiPho PIC) technology to its optical connectivity portfolio.
The deal creates a vertically integrated stack spanning SerDes, DSPs, silicon photonics, and system integration, targeting 800G, 1.6T, and 3.2T NPO/CPO for AI infrastructure. Credo expects the combined ZeroFlap transceivers, optical DSPs, and SiPho products to be a significant fiscal 2027 growth driver.
Credo (NASDAQ: CRDO) and Rebellions are collaborating to integrate Credo’s ZeroFlap active electrical cables into the Rebellions RebelPOD™ AI cluster platform.
The partnership targets enterprise AI factories, aiming to improve connectivity stability, reduce troubleshooting, and accelerate deployment and time to first token for large-scale AI inference workloads.
Credo (NASDAQ:CRDO) announced that President and CEO Bill Brennan and CFO Dan Fleming will present at two upcoming investor conferences in San Francisco.
The company will appear at the 2026 Evercore TMT Global Conference on June 3 and the 2026 BofA Global Technology Conference on June 4, with live webcasts and replays available on its investor relations website.
Credo (NASDAQ:CRDO) will host a conference call on Monday, June 1, 2026 at 2:00 p.m. Pacific Time to discuss financial results for the fourth quarter and fiscal year ended May 2, 2026.
A live webcast and replay will be available on Credo’s investor relations website.
Credo (NASDAQ: CRDO) will present next-generation connectivity solutions for AI infrastructure at TSMC 2026 Technology Symposium events beginning April 22, 2026 in Santa Clara.
Credo will showcase OmniConnect Weaver (112G VSR SerDes with AXI framer) and 224G PAM4 SerDes IP proven in TSMC 3nm, highlighting bandwidth, latency, and power-efficiency claims.
Credo Technology Group (NASDAQ: CRDO) released its Fiscal Year 2025 Greenhouse Gas (GHG) Report on April 15, 2026, detailing its FY2025 operational emissions inventory.
The report covers Scope 1 (direct office emissions) and Scope 2 (purchased electricity for offices and labs), used Carbonhound for calculations, and was independently verified by Brightspot Climate Inc. Credo plans annual GHG reporting and aims to include Scope 3 emissions in future disclosures.
Credo (NASDAQ: CRDO) agreed to acquire DustPhotonics to bring Silicon Photonics PIC technology in‑house, expanding its optical portfolio across 400G–3.2T and accelerating its ZeroFlap Optical Transceiver roadmap. The deal includes $750 million cash, ~0.92M shares upfront, and up to 3.21M contingent shares. Credo expects the combined optical portfolio to generate greater than $500 million in optical revenue in fiscal 2027 and says the transaction is expected to be accretive to non‑GAAP EPS in fiscal 2027. Closing is expected in Q2 2026, subject to customary conditions and regulatory approvals.
TE Connectivity (NYSE: TEL) and Credo Technology Group (NASDAQ: CRDO) reached a license and settlement agreement on March 27, 2026, resolving disputes over AEC technology.
According to the companies, all lawsuits between them will be promptly dismissed; the specific financial and licensing terms remain confidential.