Credo Technology (CRDO) Surges 40% on AI-Driven Growth and Strong Guidance

By |2024-12-03T17:09:47+00:00December 3rd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , , , |

Credo Technology Group (CRDO) is making waves in the market, with its stock soaring nearly 40% after an impressive fiscal second-quarter earnings report that outpaced expectations. The company’s strong performance is driven by the surge in demand for its high-speed connectivity solutions, particularly in the rapidly growing AI and data-center sectors. For Q2 2025, [...]