AI infrastructure capex announcements from hyperscalers (Meta's $40B+ 2026 budget, Microsoft Azure GPU cluster expansions)
Design wins for 112Gbps and 224Gbps platforms at Tier-1 cloud providers and OEMs
Quarterly AEC shipment volumes and ASP trends as mix shifts toward higher-speed 800G and 1.6T platforms
Competitive positioning updates versus Broadcom's custom silicon and Astera Labs' public market presence
moderate - Revenue tied to enterprise IT capex and hyperscale infrastructure spending, which correlates with GDP growth but exhibits distinct AI-driven cycle. 2024-2026 AI buildout phase shows counter-cyclical resilience, but broader data center spending sensitive to corporate profit growth and cloud consumption trends. Hyperscaler capex typically leads GDP by 2-3 quarters.
Rising rates create dual impact: (1) Higher discount rates compress valuation multiples on high-growth, unprofitable tech (though CRDO now profitable), and (2) Increased financing costs for hyperscaler capex programs may defer marginal infrastructure projects. However, AI infrastructure spending has proven rate-insensitive through 2024-2025 cycle given strategic imperative. 100bps rate increase historically compresses semiconductor growth multiples by 10-15%.
Hyperscaler vertical integration risk - Meta, Google, Amazon developing custom silicon (TPUs, Trainium, Inferentia) could displace merchant SerDes solutions in proprietary architectures
Optical interconnect substitution - Co-packaged optics and linear-drive optics (LPO) may displace electrical AECs at rack-scale distances beyond 3-5 meters as 1.6T and 3.2T speeds emerge in 2027-2028
Technology transition risk - Failure to execute on 224Gbps PAM-4 and 448Gbps roadmap could cede market share to Broadcom's custom solutions or new entrants
growth - Investors seeking exposure to AI infrastructure buildout with 126% revenue growth and path to 25%+ operating margins. Attracts momentum investors given 83% one-year return and thematic AI tailwinds, plus growth-at-reasonable-price (GARP) investors noting 25% ROE with minimal leverage. Not suitable for value or income investors given 29.5x P/S and no dividend.
No analyst coverage available for this stock.
2 signals unavailable — limited data for this stock
Trend
+57.0% vs SMA 50 · +38.5% vs SMA 200
Momentum
Distribution pattern detected. More selling days than accumulation over the past 20 sessions. Not a conducive environment for a squeeze.
Based on volume distribution analysis. Direct short interest data (short float %, days to cover) is not available in current data sources.
CRDO News
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About
Credo serves the data infrastructure market, driven by infrastructure for 5G, high performance computing, as well as hyperscalers.
| Symbol | Price | Day % | Mkt Cap↓ | P/E | Rev Grw | Margin | ELO |
|---|---|---|---|---|---|---|---|
CRDO◀ | $184.38 | +5.96% | $34.0B | 95.8 | +12634.3% | 1194.7% | 1500 |
| $198.45 | -0.56% | $4.8T | 40.2 | +6547.4% | 5560.3% | 1495 | |
| $280.25 | +3.24% | $4.1T | 33.6 | +642.6% | 2691.5% | 1494 | |
| $414.19 | +1.63% | $3.1T | 24.6 | +1493.2% | 3614.6% | 1477 | |
| $421.28 | +0.92% | $2.0T | 80.0 | +2387.4% | 3619.8% | 1504 | |
| $542.21 | +4.84% | $611.5B | 25.3 | +4885.1% | 2284.5% | 1534 | |
| $360.54 | +1.71% | $587.8B | 135.6 | +3433.8% | 1251.5% | 1517 | |
| Sector avg | — | +2.53% | — | 62.1 | +4574.8% | 2888.1% | 1503 |