Customer DiversificationThe company continues to diversify its customer base, adding its fourth hyperscaler on top of Amazon, xAI, and Microsoft, with a fifth on the way.
Market ExpansionCredo is largely credited with pioneering the market for active electrical cables (AECs), which leverage integrated silicon to extend data transmission on copper to distances of up to seven meters.
Revenue GrowthCredo is guiding to approximately 120% year-over-year revenue growth, up from prior guidance.