Credo Technology Group Holding Watchlist

tz-plus logo Credo Tech aims to advance the development of custom silicon chips specifically for AI data centers!

A. Haslinger
Reading Time: 1 minute

Credo Tech I had discussed extensively in the Tenbagger magazine at prices around 27 USD and have since repeatedly drawn attention to the stock. The company is a beneficiary of AI because it serves a market driven by increasing demands for connectivity for AI applications and AI systems with its high-speed solutions like cables and signal processors. 75% of revenues come from AI workloads. The stock recently reached an all-time high of 175 USD but has come under increased pressure lately. Now, a decision could emerge at the EMA 50 that might allow...

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