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Credo Announces PCI Express 6 /7, Compute Express Link CXL 3.x Retimers, and AEC PCI Express Product Line at OCP Summit 2024

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Credo Technology Group Holding (NASDAQ: CRDO) has announced its first Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x and Magpie PCIe 7, CXL 4.x retimers and OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs. These new products leverage Credo's SerDes expertise to deliver energy-efficient solutions for high-speed connectivity in data infrastructure.

The company will demonstrate the Toucan PCIe 6 retimers and HiWire AECs at the upcoming Open Compute Project (OCP) Summit from October 15-17. Credo's new PCIe 6 and PCIe 7 retimers offer industry-leading performance and power efficiency while being built on lower cost, more mature process nodes compared to competitors. The products also include enhanced diagnostic tools for rapid system bring-up and debugging.

Credo's Toucan PCIe6/CXL3.x retimer, based on the TSMC N7 process, will sample in Q4 2024, while the Magpie PCIe7/CXL4.x retimer, using TSMC N5 process, will begin sampling in H2 2025.

Credo Technology Group Holding (NASDAQ: CRDO) ha annunciato i suoi primi Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x e Magpie PCIe 7, CXL 4.x retimers e OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs. Questi nuovi prodotti sfruttano l'esperienza di Credo nei SerDes per offrire soluzioni energeticamente efficienti per connettività ad alta velocità nelle infrastrutture dati.

L'azienda dimostrerà i retimer Toucan PCIe 6 e gli HiWire AECs alla prossima Open Compute Project (OCP) Summit dal 15 al 17 ottobre. I nuovi retimer PCIe 6 e PCIe 7 di Credo offrono prestazioni e efficienza energetica leader del settore, costruiti su nodi di processo più maturi e a costi inferiori rispetto ai concorrenti. I prodotti includono anche strumenti diagnostici avanzati per un rapido avvio del sistema e il debug.

Il retimer Toucan PCIe6/CXL3.x di Credo, basato sul processo TSMC N7, sarà disponibile per campionatura nel quarto trimestre del 2024, mentre il retimer Magpie PCIe7/CXL4.x, utilizzando il processo TSMC N5, inizierà la campionatura nella seconda metà del 2025.

Credo Technology Group Holding (NASDAQ: CRDO) ha anunciado sus primeros Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x y Magpie PCIe 7, CXL 4.x retimers y OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs. Estos nuevos productos aprovechan la experiencia de Credo en SerDes para ofrecer soluciones energéticamente eficientes para conectividad de alta velocidad en la infraestructura de datos.

La empresa demostrará los retimers Toucan PCIe 6 y los HiWire AECs en la próxima Open Compute Project (OCP) Summit del 15 al 17 de octubre. Los nuevos retimers PCIe 6 y PCIe 7 de Credo ofrecen un rendimiento y una eficiencia energética líderes en la industria, construidos sobre nodos de proceso más maduros y a menor costo en comparación con los competidores. Los productos también incluyen herramientas de diagnóstico mejoradas para un rápido arranque del sistema y depuración.

El retimer Toucan PCIe6/CXL3.x de Credo, basado en el proceso TSMC N7, estará disponible para muestreo en el cuarto trimestre de 2024, mientras que el retimer Magpie PCIe7/CXL4.x, que utiliza el proceso TSMC N5, comenzará a muestrearse en la segunda mitad de 2025.

Credo Technology Group Holding (NASDAQ: CRDO)는 첫 번째 Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x, Magpie PCIe 7, CXL 4.x retimers, 및 OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs를 발표했습니다. 이러한 신제품은 Credo의 SerDes 전문성을 활용하여 데이터 인프라의 고속 연결을 위한 에너지 효율적인 솔루션을 제공합니다.

회사는 오는 Open Compute Project (OCP) Summit에서 10월 15일부터 17일까지 Toucan PCIe 6 retimers 및 HiWire AECs를 시연할 예정입니다. Credo의 새로운 PCIe 6 및 PCIe 7 retimers는 업계를 선두하는 성능과 전력 효율성을 제공하며 경쟁업체에 비해 비용이 낮고 더 성숙한 프로세스 노드에서 제작되었습니다. 이 제품은 또한 빠른 시스템 설치 및 디버깅을 위한 향상된 진단 도구를 포함하고 있습니다.

Credo의 Toucan PCIe6/CXL3.x retimer는 TSMC N7 프로세스를 기반으로 하여 2024년 4분기에 샘플링될 예정이며, Magpie PCIe7/CXL4.x retimer는 TSMC N5 프로세스를 사용하여 2025년 하반기부터 샘플링을 시작할 것입니다.

Credo Technology Group Holding (NASDAQ: CRDO) a annoncé ses premiers Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x et Magpie PCIe 7, CXL 4.x retimers ainsi que OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs. Ces nouveaux produits tirent parti de l'expertise de Credo en matière de SerDes pour offrir des solutions écoénergétiques pour la connectivité à haute vitesse dans l'infrastructure des données.

L'entreprise présentera les retimers Toucan PCIe 6 et HiWire AECs lors du prochain Open Compute Project (OCP) Summit du 15 au 17 octobre. Les nouveaux retimers PCIe 6 et PCIe 7 de Credo offrent des performances et une efficacité énergétique de pointe dans l'industrie, tout en étant construits sur des nœuds de processus moins coûteux et plus matures comparés à leurs concurrents. Les produits incluent également des outils de diagnostic améliorés pour une mise en service rapide des systèmes et le dépannage.

Le retimer Toucan PCIe6/CXL3.x de Credo, basé sur le processus TSMC N7, sera échantillonné au quatrième trimestre de 2024, tandis que le retimer Magpie PCIe7/CXL4.x, utilisant le processus TSMC N5, commencera l'échantillonnage dans la seconde moitié de 2025.

Credo Technology Group Holding (NASDAQ: CRDO) hat seine ersten Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x und Magpie PCIe 7, CXL 4.x retimers sowie OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs angekündigt. Diese neuen Produkte nutzen Credo's SerDes-Expertise, um energieeffiziente Lösungen für Hochgeschwindigkeitsverbindungen in der Dateninfrastruktur bereitzustellen.

Das Unternehmen wird die Toucan PCIe 6 Retimer und HiWire AECs auf dem kommenden Open Compute Project (OCP) Summit vom 15. bis 17. Oktober präsentieren. Die neuen PCIe 6 und PCIe 7 Retimer von Credo bieten branchenführende Leistung und Energieeffizienz, während sie auf kostengünstigeren, ausgereiften Prozessknoten im Vergleich zu Wettbewerbern basieren. Die Produkte beinhalten auch verbesserte Diagnosetools für eine schnelle Systembereitstellung und Debugging.

Der Toucan PCIe6/CXL3.x Retimer von Credo, der auf dem TSMC N7 Prozess basiert, wird im vierten Quartal 2024 zur Verfügung stehen, während der Magpie PCIe7/CXL4.x Retimer, der den TSMC N5 Prozess verwendet, in der zweiten Hälfte des Jahres 2025 mit dem Sampling beginnen wird.

Positive
  • Announcement of new high-speed connectivity products for data infrastructure
  • Industry-leading performance and power efficiency in PCIe 6 and PCIe 7 retimers
  • Lower cost due to use of mature process nodes compared to competitors
  • Enhanced diagnostic tools included for rapid system bring-up and debugging
  • Collaboration with Intel on pre-silicon co-simulation for PCIe6/CXL3.x and PCIe7/CXL4.x retimers
Negative
  • None.

Insights

Credo's announcement of PCIe 6/7 and CXL 3.x/4.x retimers represents a significant technological advancement in high-speed data connectivity. These new products are poised to address the increasing bandwidth demands in data centers and AI applications. Key points to consider:

  • The use of mature process nodes (TSMC N7 for PCIe 6 and N5 for PCIe 7) could provide a cost advantage over competitors
  • Enhanced diagnostic tools, including an embedded logic analyzer, should facilitate faster system integration for customers
  • Collaboration with Intel on pre-silicon co-simulation indicates strong industry partnerships
  • The timing of product sampling (Q4 2024 for PCIe 6 and H2 2025 for PCIe 7) aligns well with expected market demand

While this announcement positions Credo favorably in the high-speed connectivity market, the long lead time to revenue generation and intense competition in this space should be considered when evaluating the company's prospects.

This product announcement, while technologically significant, has immediate financial impact for Credo. Key financial considerations include:

  • No immediate revenue impact, as products won't sample until Q4 2024 (PCIe 6) and H2 2025 (PCIe 7)
  • Potential for future market share gains in the growing high-speed connectivity segment
  • Cost advantages from using mature process nodes could lead to higher margins once products are commercialized
  • R&D expenses likely to remain elevated as Credo continues to invest in next-gen technologies

Investors should view this as a long-term strategic move rather than a near-term financial catalyst. The company's ability to execute on this roadmap and secure design wins will be important for translating this technological advancement into financial success. Monitor customer adoption rates and design win announcements in the coming quarters for early indicators of potential financial impact.

Credo Leverages SerDes Expertise to Deliver Energy Efficient PCIe 6 and 7 Retimers

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth requirements increase throughout the data infrastructure market, is excited to announce the company’s first Toucan PCI Express (PCIe) 6, Compute Express Link (CXL) 3.x and Magpie PCIe 7, CXL 4.x retimers and OSFP-XD 16x64GT/s (1Tb) PCIe6/CXL HiWire AECs. Credo will demonstrate the Toucan PCIe 6 retimers and HiWire AECs at the upcoming Open Compute Project (OCP) Summit October 15-17 in Booth 31 and the OCP Innovation Center.

Credo Announces PCI Express 6 /7, Compute Express Link CXL 3.x Retimers, and AEC PCI Express Product Line at OCP Summit 2024 (Graphic: Credo)

Credo Announces PCI Express 6 /7, Compute Express Link CXL 3.x Retimers, and AEC PCI Express Product Line at OCP Summit 2024 (Graphic: Credo)

Building on Credo’s renowned Serializer/Deserializer (SerDes) technology, the new PCIe 6 and PCIe 7 retimers deliver industry-leading performance and power efficiency while being built on lower cost, more mature process nodes than competing devices. Credo will also include enhanced diagnostic tools, including an embedded logic analyzer and advanced SerDes tools driven by a new GUI designed to enable rapid bring up and debug of customer systems.

To see a brief video overview of the Credo PCI Express retimers and cables, go here.

“Credo is excited to extend our leadership into a new category of high-speed connectivity with the introduction of the Toucan PCIe 6 and Magpie PCIe 7 retimers,” said Phil Kumin of Credo, Associate Vice President of PCIe Product. “By leveraging a mature process technology node, we are well positioned to achieve a cost advantage over our competition. Furthermore, with our SerDes already under evaluation on Tier 1 reference platforms, Credo is well positioned to capitalize on the AI industry’s transition to PCIe 7 and take advantage of the throughput improvement.”

“As PCIe speeds climb to 64GT/s and 128GT/s, retimers are increasingly critical components,” said Dr. Debendra Das Sharma, Intel Senior Fellow, Chief Architect of I/O Technology and Standards in the Data Center Platforms and Artificial Intelligence Group at Intel Corporation. “As a leader in PCIe, we commend Credo for their investment in PCIe6/CXL3.x and PCIe7/CXL4.x retimers and we’re excited to collaborate with them on pre-silicon co-simulation.”

Credo’s Toucan PCIe6/CXL3.x retimer, based on the TSMC N7 process technology, will sample in Q4, 2024. Toucan offers a full DSP SerDes to support PAM4 PCIe channels up to 43dB, enhanced diagnostic tools including an embedded logic analyzer, and x16 power of 11W. Credo’s Magpie PCIe7/CXL4.x retimer, based on the TSMC N5 process node, will begin sampling in H2 2025.

About Credo

Our mission is to deliver high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. Credo is an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Our innovations ease system bandwidth bottlenecks while simultaneously improving on power, security, and reliability. Our connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100G (or Gigabits per second), 200G, 400G and 800G port markets. Our products are based on our proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Our product families include integrated circuits (ICs), Active Electrical Cables (AECs) and SerDes chiplets. Our intellectual property (IP) solutions consist primarily of SerDes IP licensing.

For more information, please visit: https://www.credosemi.com. Follow Credo on LinkedIn and Twitter.

Media Contact:

Diane Vanasse

diane.vanasse@credosemi.com

Investor Contact:

Dan O’Neil

dan.oneil@credosemi.com

Source: Credo Technology Group Holding Ltd

FAQ

When will Credo's Toucan PCIe6/CXL3.x retimer be available for sampling?

Credo's Toucan PCIe6/CXL3.x retimer will be available for sampling in Q4 2024.

What process technology is used for Credo's Magpie PCIe7/CXL4.x retimer?

Credo's Magpie PCIe7/CXL4.x retimer is based on the TSMC N5 process node.

Where will Credo demonstrate its new PCIe 6 retimers and HiWire AECs?

Credo will demonstrate the Toucan PCIe 6 retimers and HiWire AECs at the Open Compute Project (OCP) Summit from October 15-17 in Booth 31 and the OCP Innovation Center.

What advantages does Credo claim for its new PCIe 6 and PCIe 7 retimers?

Credo claims industry-leading performance, power efficiency, and lower cost due to the use of more mature process nodes compared to competitors for its new PCIe 6 and PCIe 7 retimers.

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