Cramer: Credo Technology still a winner, but Marvell is better
Quick Read Credo Technology (CRDO) posted Q3 revenue of $407M, up 201.5% year over year and beating estimates by 5%, with non-GAAP EPS of $1.07 topping consensus by 14% and operating margins at 49.6%. Marvell Technology (MRVL) reported Q3 revenue of $2.075B, up 37% year over year, with data center revenue of $1.52B and full-year growth forecast exceeding 40%, while also acquiring Celestial AI to deepen its optical interconnect capabilities for AI data centers. Marvell ranks higher than Credo among semi ...