Credo Technology Stock Edges Down Despite Powerful Artificial Intelligence (AI)-Driven Revenue and Earnings Growth
The rapid buildout of AI-enabled data centers is driving strong demand for the company's high-speed connectivity solutions.
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Analysts Highlight Credo Hyperscaler Partnerships With Amazon, Microsoft, xAI Amid AI Boom
Credo Technology Group (NASDAQ:CRDO) issued its third-quarter earnings report on Tuesday. It reported quarterly earnings of 25 cents per share. It beat the analyst consensus estimate of 18 cents.