Credo Technology Expands Market Potential for Fast Data Connections to USD 10 Billion – Revenue Increase of 272% in Q2!

Credo Technology (CRDO) benefits as a specialist in high-speed connectivity solutions directly from the ongoing expansion of data centers. The complexity in connection technology regarding reliability, energy efficiency, signal integrity, latency, range, and total operating costs is increasing, as AI clusters of tens of thousands of GPUs are currently growing to hundreds of thousands and soon millions of GPUs. There have been advances in diversification, as four hyperscalers are now each responsible for more than 10% of the revenue mix. AECs...