Can Credo's Solid Cash Position Give It an Edge Against Rivals?

Key Takeaways Credo Technology holds $813.6M cash, supporting aggressive growth spending.CRDO is investing in AECs, optics, gearboxes and acquisitions like Hyperlume to widen its market reach.CRDO revenues jumped 272% year over year to $268M in fiscal Q2 as AI infrastructure drove demand.Credo Technology Group Holding Ltd ((CRDO) is in the midst of rapid expansion fueled mainly by the AI infrastructure cycle, which is driving explosive demand for high-speed connectivity solutions. Revenues surged a staggeri ...