KYG254571055 - Common Stock
CREDO TECHNOLOGY GROUP HOLDI
NASDAQ:CRDO (12/4/2024, 5:37:59 PM)
After market: 69.3 +0.29 (+0.42%)69.01
-1.68 (-2.38%)
Credo Technology Group Holding Ltd. engages in the development of connectivity solutions and products for the data infrastructure market. The firm delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. The company provides high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Its connectivity solutions are optimized for optical and electrical Ethernet applications, including the emerging 100 gigabits per second (G), 200G, 400G, 800G and the emerging 1.6 terabits per second (T) port markets. Its products are based on its Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Its product families include integrated circuits (ICs) for the optical and line card markets, active electrical cables (AECs) and SerDes Chiplets. The Company’s intellectual property (IP) solutions consist primarily of SerDes IP licensing.
CREDO TECHNOLOGY GROUP HOLDI
C/O Maples Corporate Services, Limited, Po Box 309, Ugland House
George Town
P: 14086649329
Employees: 500
Website: https://investors.credosemi.com/
Wondering how the US markets performed one hour before the close of the markets on Tuesday? Discover the movers and shakers of today's session in our comprehensive analysis.
The company reported earnings last night that not only beat analyst estimates but also delivered blowout guidance, suggesting Credo has emerged as a new artificial intelligence (AI) winner. Credo makes a unique cable product called an active electrical cable (AEC), which connects data center servers to networking switches. The company claims its AECs take up 75% less space than Direct Attach Copper (DAC) cables and offer 50% more power efficiency versus active optical cable (AOC) alternatives.
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