Credo Technology Group has become a focal point for investors seeking AI infrastructure exposure. The semiconductor company boasts a market cap of $40.29 billion.
Revenue exceeded estimates by $66 million in the fiscal third quarter, with next-quarter guidance 18% above expectations.
New customer ramps and product solutions are driving growth. Active electrical cable products are a key driver.
EPS forecasts range from $2.79-$2.82 for FY2026 to $3.55-$3.76 for FY2027.
Competition is intense from Marvell Technology, Broadcom, and ALAB. Co-packaged optics pose a structural risk.
