Group 1: Nvidia and Market Trends - Nvidia stock reached all-time highs, contributing to the Nasdaq-100-tracking QQQ ETF achieving new records [1] - Wall Street's optimism is driven by cooling Middle East tensions and expectations of a cease-fire agreement between Israel and Iran [1][2] - The technology sector is experiencing a rally, with investors encouraged to buy strong technology stocks benefiting from the artificial intelligence boom [2] Group 2: Rockwell Automation (ROK) - Rockwell Automation is focused on industrial automation and digital transformation, providing solutions across Intelligent Devices, Software & Control, and Lifecycle Services [4] - ROK is integrating advanced AI and robotics technologies into its automation solutions, enhancing manufacturing efficiency [6] - The company exceeded Q2 FY25 earnings estimates and provided positive guidance, projecting a 16% increase in adjusted earnings for FY26 [7][8] Group 3: Credo Technology Group (CRDO) - Credo Technology designs high-speed connectivity solutions that are in high demand due to investments in artificial intelligence [14] - The company reported a 126% revenue growth for fiscal 2025, with adjusted earnings rising from $0.09 to $0.70 [16] - CRDO is projected to grow adjusted earnings by 111% in fiscal 2026, with revenue expected to increase from around $200 million in FY24 to nearly $1 billion in FY27 [18]

Core Insights - Credo Technology Group Holding Ltd (CRDO) is experiencing significant growth, with fiscal 2025 revenues reaching $436.8 million, a 126% year-over-year increase, driven by high demand for energy-efficient connectivity solutions in AI data centers [1][8] - The company anticipates revenues for fiscal 2026 to exceed $800 million, indicating more than 85% year-over-year growth, supported by the transition to 100 gig per lane solutions and increased adoption of Optical DSPs [5][8] Company Performance - In the fourth quarter of fiscal 2025, CRDO's revenues surged 179.7% year-over-year to $170 million, primarily due to strong performance in HiWire Active Electrical Cables and customer momentum in PCIe and Ethernet retimers [1][8] - For the first quarter of fiscal 2026, CRDO projects revenues between $185 million and $195 million, suggesting a 12% increase at the midpoint [5] Product Portfolio - CRDO's focus on low-power, high-bandwidth interconnects, including HiWire AECs, Optical DSPs, and SerDes solutions, positions it well within the AI infrastructure market [2][3] - The company is witnessing growing interest in its PCIe retimers and Ethernet retimers, which are crucial for scale-out networks in AI servers [3] Market Dynamics - The demand for AI infrastructure is driving CRDO's growth, with hyperscaler customers increasingly seeking advanced connectivity solutions [1][5] - Competitors like Marvell Technology and Broadcom are also capitalizing on the AI data center trend, with Marvell's data center revenues increasing by 76% year-over-year and Broadcom projecting a 21% year-over-year revenue increase for the third quarter of fiscal 2025 [6][7] Valuation Metrics - CRDO's shares have surged 209.4% over the past year, significantly outperforming the Electronics-Semiconductors industry's growth of 20.8% [9] - The company is currently trading at a price/book ratio of 25.25, which is higher than the sector's average of 9.62 [10]

Core Insights - The article compares two semiconductor companies, Credo Technology Group Holding Ltd. (CRDO) and Marvell Technology, Inc. (MRVL), focusing on their roles in the AI-driven data center market [2][3][21] Company Overview - CRDO specializes in high-speed connectivity solutions, particularly in Ethernet and Active Electrical Cables (AECs), which are crucial for data centers [5][10] - MRVL has a diversified product portfolio that includes custom ASICs, data center switches, and 5G chips, with a strong focus on AI infrastructure [10][11] Financial Performance - CRDO's fiscal 2025 revenues rose 126% year over year to $436.8 million, with fourth-quarter revenues surging 179.7% year over year to $170 million [5][10] - MRVL's data center revenues increased 76% year over year to $1.44 billion, driven by demand for custom AI silicon and electro-optics products [11][12] Growth Drivers - CRDO's AECs are gaining traction due to their reliability, with a product line that is expected to remain a growth engine [5][6] - MRVL's growth is supported by solid demand for its storage and networking chips, particularly from the 5G infrastructure and data center markets [10][11] Market Trends - The shift from copper to optical connectivity in AI infrastructure presents significant growth opportunities for MRVL's Co-Packaged Optics technology [13] - Both companies are positioned to benefit from the increasing reliance on high-performance solutions in the rapidly expanding AI-server market [8][12] Competitive Positioning - CRDO's integrated system-level approach provides a competitive edge, allowing for faster innovation cycles and cost efficiency [6] - MRVL's collaboration with NVIDIA to integrate NVLink Fusion into its custom silicon platform enhances its capabilities in developing next-generation AI infrastructure [12] Stock Performance and Valuation - Over the past month, CRDO and MRVL have registered gains of 38.2% and 20.2%, respectively [17] - CRDO is trading at a forward 12-month price/sales ratio of 17.40X, significantly higher than MRVL's 7.36X [18] Analyst Estimates - Analysts have revised CRDO's bottom line estimates upward significantly in the past 60 days, indicating strong growth expectations [20] - MRVL has seen marginal upward estimate revisions, reflecting steady performance [20] Investment Recommendation - CRDO currently holds a Zacks Rank 1 (Strong Buy), while MRVL has a Zacks Rank 3 (Hold), suggesting that CRDO may be a better investment pick at this time [21]

Ethernet is quietly becoming the steel-girder framework of every modern AI data center, and few companies are better placed to monetize that shift than Credo Technology Group Holding Ltd (NASDAQ: CRDO ). The San-Jose fabless designer has spent"AWS Certified AI Practitioner Early Adopter"I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I have increasingly ...

Credo Technology Group Holding Ltd. (CRDO) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CRDO's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure:I/we have a beneficial long position in the shares of AVGO either through stock ownership, options, or other derivatives. I wrote this article mysel ...

Core Insights - Credo Technology Group Holding Ltd (CRDO) has set a revenue guidance of over $800 million for fiscal 2026, a significant increase from $437 million in fiscal 2025, reflecting a 126% year-over-year growth driven by data growth and AI demand [1][10] Group 1: Product Performance - The Active Electrical Cables (AEC) product line has shown double-digit sequential growth in fiscal Q4, primarily due to its adoption in the data center market, with ZeroFlap AECs offering over 100 times improved reliability compared to laser-based optical solutions [2] - Credo's integrated approach, owning the entire stack of SerDes IP, Retimer ICs, and system-level design, allows for faster innovation cycles and cost efficiency, positioning AECs as a growth engine [3] - The optical business has met revenue targets for fiscal 2025, with expectations for increased customer diversity across various applications to further accelerate revenue growth [4] Group 2: Market Demand and Competition - The demand for PCIe retimers and Ethernet retimers is strong, particularly for AI server scale-out networks, with robust performance reported in fiscal Q4 and fiscal 2025, driven by 50 gig and 100 gig per lane Ethernet solutions [5] - However, increasing competition from semiconductor giants like Broadcom and Marvell Technology may pose challenges to CRDO's growth trajectory [6] Group 3: Industry Comparisons - Broadcom expects third-quarter fiscal 2025 revenues of $15.8 billion, a 21% year-over-year increase, with AI semiconductor revenues projected to grow 60% year-over-year to $5.1 billion [7] - Marvell Technology anticipates revenues of $2 billion for the second quarter of fiscal 2026, indicating a 57% year-over-year growth, driven by demand for AI-driven custom silicon [8] Group 4: Financial Metrics - CRDO shares have gained 6.5% year-to-date, slightly underperforming the Electronics-Semiconductors industry's growth of 6.8% [11] - The forward 12-month price/sales ratio for CRDO is 15.16, significantly higher than the sector's multiple of 8.21 [13] - The Zacks Consensus Estimate for CRDO earnings for fiscal 2026 has seen a notable upward revision over the past 60 days [14]

Credo Technology Group (CRDO) 2025 Conference June 10, 2025 01:20 PM ET Speaker0 Joining us at the Mizuho Tech Conference. I'm Vijay Rakesh, senior semis analyst for Mizuho. And joining me today is Bill Brennan, CEO of Crudo Semiconductor. Bill, welcome. Thank you for joining us, and I appreciate the So for more than twenty five years, Bill has been leading and scaling organizations to deliver steady revenue growth and profit. Bill joined Crudo in 2013, leading the company to his IPO in January 2022. He has ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I initiated my coverage on Credo Technology Group Holding Ltd (NASDAQ: CRDO ) with a bullish rating in January 2025 , arguing that the CRDO stock's valuation — despite seemingly high multiples — isn't as expensive as many might haveHe leads the inves ...