ClearBridge Investments, an investment management company, released its “ClearBridge Small Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter continued the market rally in May and June following waning policy uncertainty, a Fed rate cut, and animal spirits fueled by retail enthusiasm for high-growth potential markets, resulting in another double-digit gain. However, the strategy underperformed the benchmark, the Russell 2000 Growth Index, ...

Investment Rating - The report suggests to continue focusing on investment opportunities within the communication industry [2] Core Insights - The communication industry showed steady revenue growth and accelerated profitability in H1 2025, with total revenue reaching 1785.003 billion yuan, a year-on-year increase of 10.07%, and net profit attributable to shareholders at 160.432 billion yuan, up 11.26% year-on-year [4][7] - The AI computing industry chain is expected to continue accelerating its development in 2025, benefiting the communication industry [17][19] Summary by Sections H1 2025 Performance Overview - The communication industry achieved a total revenue of 1785.003 billion yuan in H1 2025, with a year-on-year growth of 10.07%, and a net profit of 160.432 billion yuan, reflecting an 11.26% increase [4][7] Segment Performance Changes - In H1 2025, the optical module and device segment reported revenue of 47.988 billion yuan, a year-on-year increase of 64.88%, and net profit of 10.876 billion yuan, up 111.99% [25] - The communication PCB segment achieved revenue of 57.249 billion yuan, a year-on-year increase of 37.66%, and net profit of 8.058 billion yuan, up 80.79% [31] - The network equipment segment generated revenue of 507.111 billion yuan, a year-on-year increase of 28.86%, with net profit of 19.184 billion yuan, up 19.57% [37] AI Industry Chain Investment - Major overseas cloud companies are expected to maintain optimistic growth in capital expenditures, with a total of 95 billion USD in Q2 2025, reflecting an 82.96% year-on-year increase [17] - Companies like Oracle and Nvidia are showing strong growth prospects in their AI-related businesses, with Oracle's unfulfilled revenue reaching 455 billion USD, a year-on-year increase of 359% [22][19]

Key Takeaways Credo shares jumped 289% in six months, outpacing peers and the semiconductor sector's growth.CRDO's revenues surged 273.6% year over year on strong AEC, optical and PCIe product demand.The Hyperlume buyout expands CRDO's optical tech portfolio, strengthening its AI infrastructure play.Credo Technology Group Holding Ltd (CRDO) has been one of the top gainers in the semiconductor space. The stock has surged 289.3% in the past six months, outperforming the Electronic-Semiconductors and the broad ...

Key Takeaways Five AI infrastructure stocks delivered triple-digit returns year to date amid strong demand. CRDO, WDC, CLS, MU and UI each hold potential to grow more in Q4. Surging AI, cloud and data-center investments are fueling record revenues and product expansion.The artificial intelligence (AI) saga, supported by the massive growth of cloud computing and data centers, is yet to unfold fully. The momentum of the AI infrastructure segment is in top gear this year. The AI space remains rock solid suppor ...

Credo Technology Group Holding (NASDAQ:CRDO) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.At 11:13 AM EST on October 7, CRDO triggered a Power Inflow signal at a price of $137.46. In the hour leading up to the Power Inflow signal, CRDO price had seen a steep decrease in price leading up to the Power Inflow alert. Shortly following the Power Inflow signal, the orde ...

Core Insights - U.S. chipmakers are poised to benefit from a projected surge in artificial intelligence infrastructure spending, expected to exceed $1.2 trillion by 2030 [1][6] - The spending is anticipated to nearly triple from 2025 to 2030, driven by hyperscalers, sovereign AI projects, and enterprise adoption [2][3] Industry Overview - The unprecedented increase in capital expenditures is expected to solidify the positions of semiconductor and equipment manufacturers, including companies like Lam Research and KLA [2][3] - The top five U.S. cloud providers are projected to allocate approximately 25% of their 2025 sales to capital spending, supported by operating cash flow margins above 30% [5] Spending Projections - Capital expenditures are forecasted to reach $443 billion in 2025 and $528 billion in 2026, reflecting year-over-year growth of 58% and 19% respectively [6] - If current capital expenditure intensity levels are maintained, spending could exceed $1.2 trillion by 2030, with U.S. hyperscalers contributing 60% to 70% of the total [6] Key Drivers of Spending - Four core drivers of AI-related capital expenditures include upgrading traditional infrastructure to accelerated computing, defending major tech platforms' moats, sovereign government investments in national AI infrastructure, and steady enterprise adoption of AI productivity tools [10] Competitive Landscape - Nvidia is highlighted as a top pick in the AI sector, benefiting from its strong position in accelerators, networking hardware, and ecosystem partnerships, particularly with OpenAI [9] - The $100 billion commitment from Nvidia to OpenAI is viewed as a strategic investment to expand its ecosystem rather than merely providing free GPUs [7]

Key Takeaways Credo acquires Hyperlume to expand its next-gen connectivity portfolio with microLED technology.Hyperlume's microLED tech delivers fast, energy-efficient chip-to-chip communication.Credo projects optical revenues to double again in fiscal 2026. Credo Technology Group Holding Ltd. (CRDO) recently acquired Hyperlume, Inc., a privately held developer of miniature light-emitting diode (microLED) technology-based optical interconnects for chip-to-chip communication. With this buyout, CRDO expects t ...

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the best smart city stocks. Credo disclosed on September 29 that it has wrapped up its acquisition of Hyperlume, a privately held microLED optical interconnect technology company for chip-to-chip communication. The transaction is meant to expand Credo’s high-speed connectivity solutions with Hyperlume’s miniature LED technology, catering to the rising bandwidth demands of AI-based data infrastructure. Credo (CRDO) Expands AI Connectivity Through ...

Core Viewpoint - Credo Technology is positioned as a key player in the high-speed connectivity sector, with recent upgrades in stock rating and price target reflecting confidence in its strategic direction and market potential [1][2][6] Group 1: Stock Rating and Price Target - Roth Capital upgraded Credo's stock to a "Buy" rating, with the stock currently priced at approximately $143.39, showing a decrease of 1.79% [1][4][6] - The price target for Credo was raised from $160 to $170, indicating positive market sentiment following strategic developments [2][6] Group 2: Acquisition of Hyperlume - The acquisition of Hyperlume, a company specializing in MicroLED technology, is expected to diversify Credo's sales and enhance its product offerings, particularly in supporting faster 800G/1.6T speeds [2][3][6] - This strategic move is anticipated to strengthen Credo's market position and accelerate its leadership in the high-speed connectivity sector [3][6] Group 3: Market Presence and Volatility - Credo's market capitalization is approximately $24.8 billion, highlighting its significant presence in the industry [5][6] - The stock has experienced notable volatility, with a yearly high of $176.70 and a low of $29.09, reflecting fluctuations in investor sentiment [4][6]

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the best performing large cap stocks to buy. On September 24, Credo Technology Group introduced its 224G PAM4 SerDes Intellectual Property/IP on TSMC’s industry-leading N3 process technology. The new IP offering is designed to provide the foundation for high-bandwidth, low-latency 1.6Tbps port connectivity solutions. These solutions are critical for the deployment of next-gen AI, cloud computing, and hyperscale applications. The 224G per lane dat ...