This AI Stock Is Up 500% in the Past Year But You’ve Probably Never Heard of It

Group 1 - Credo Technology's stock has surged over 500% in the last 52 weeks, outperforming most technology peers [1] - The company specializes in high-speed connectivity solutions that are essential for modern data centers and AI applications [2] - Credo reported a revenue growth of 274% year-over-year and 31% quarter-over-quarter, indicating strong customer traction [3][5] Group 2 - The global market for AI-driven data centers is expected to grow at a 30% compound annual growth rate, potentially reaching $100 billion by 2030, positioning Credo as a key player in next-gen connectivity [4] - Credo's total market value has exceeded $25 billion, with a forward price-to-earnings (P/E) ratio of 122.81x, significantly higher than the sector median of 23.71x [6] - The company maintains strong gross margins of 67.4% (GAAP) and 67.6% (non-GAAP), reflecting operational excellence [7]