Credo Technology Group Holding Ltd. (CRDO) has disclosed a new risk, in the Capital Markets category.
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Credo Technology Group Holding Ltd. faces significant business risks due to recent changes in global trade policies, particularly the increased tariffs imposed by the United States. The uncertainty surrounding these tariffs, including potential Section 232 investigations on technology products, poses a threat to the company’s supply chain and cost structure. Although certain products like semiconductors are currently exempt, the evolving trade landscape could lead to higher material costs and limited availability of components. This dynamic environment makes it challenging to predict the full impact on Credo’s financial performance.
Overall, Wall Street has a Strong Buy consensus rating on CRDO stock based on 11 Buys.
To learn more about Credo Technology Group Holding Ltd.’s risk factors, click here.