Why Credo Stock Jumped Today
Credo Technology Credo Technology (US:CRDO) The Motley Fool·2025-12-02 23:16

The connectivity solutions specialist's customers have a need for speed.Shares of Credo Technology Group (CRDO +10.12%) climbed on Tuesday after the maker of high-speed cables used in artificial intelligence (AI) data centers reported sizzling growth metrics.By the close of trading, Credo's stock price was up more than 10%. Business is boomingCredo's revenue rocketed 272% year over year to $268 million in its fiscal 2026 second quarter, which ended on Nov. 1. These torrid gains were fueled by surging demand ...