Credo Technology (CRDO) Jumps to New High on New Next-Gen AI Signal Processor

Core Viewpoint - Credo Technology Group Holding Ltd (NASDAQ:CRDO) has experienced significant stock performance, reaching an all-time high due to the launch of its new digital signal processor (DSP) aimed at next-generation AI applications [1][3]. Group 1: Stock Performance - Credo Technology's stock surged by 10.02% to close at $163.96, marking its seventh consecutive day of gains [2][1]. - The stock reached a fresh 52-week high of $164.04 during intra-day trading [2]. Group 2: Product Launch - The company launched the Bluebird DSP, a high-performance, low-power DSP capable of supporting 1.6 terabits per second (Tbps) optical transceivers [3][5]. - The Bluebird DSP is designed to enable energy-efficient data transmission, which is crucial for leveraging advanced computational power in modern GPU silicon [3][4]. Group 3: Technical Advantages - The new DSP addresses challenges faced by existing 1.6T transceivers, such as high power dissipation, which limits their deployment due to cooling and power delivery issues [4]. - Credo's Bluebird DSP utilizes advanced CMOS process technology and proprietary design techniques to achieve industry-leading power efficiency, allowing 1.6T transceivers to consume well under 20W [5].