Where Will Credo Technology Be in 3 Years?
This AI networking specialist is growing like a weed, but its future rests on a handful of very big customers. Here's what the next three years could bring.
Overview
Here in Florida, dollar weeds can overrun a lawn in a single rainy month. Credo Technology Group Holding (NASDAQ: CRDO) has been growing at a similar clip in the data center networking space. Revenue more than tripled in fiscal 2026, and management expects another jump of more than 85% this year.
That's what happens when you sell picks and shovels in the biggest gold rush in tech. Actually, scratch that metaphor: Credo sells the extension cords.
Details
Nvidia and its AI accelerators get the market-moving glory, but somebody has to wire tens of thousands of GPUs together and keep those connections from glitching. That's Credo's job. Its active electrical cables (AECs) handle short hops inside server racks, and a growing optical lineup covers longer distances.
Source
Originally published at www.fool.com.