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Why Credo Technology Rallied Over 37% in December
CRDOCredo Technology (CRDO) The Motley Fool·2025-01-08 14:30

Shares of Credo Technology Group (CRDO -2.09%) rallied 37.3% in December, according to data from S&P Global Market Intelligence.All of Credo's gains occurred in the wake of its early-December earnings report, in which the company beat expectations and issued blowout forward guidance, indicating an uptake in its unique technologies for artificial intelligence (AI) data centers.Credo's active cables go electricCredo makes a few different products in data center connectivity equipment, including serializer/des ...