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StocksHigh ImpactUpdated×3•Originally published 4 May 2026•Updated 4 May 2026•

1 min read

Credo Technology Revenue Surges 201.5% as it Launches Cardinal 1.6T Optical DSP

Key Facts

1Nebius Group reported Q4 2025 revenue of $227.7 million, with its core AI-cloud segment surging 802% year-over-year.

2The company exited 2025 with annualized recurring revenue of $1.25 billion.

Credo Technology (CRDO) delivered an exceptional financial performance, reporting revenue of $407 million, which represents a massive 201.5% year-over-year growth. The company maintained a strong GAAP gross margin of 68.5%, highlighting its robust operational efficiency and pricing power. To further solidify its market position, Credo introduced the Cardinal 1.6T optical DSP, a cutting-edge solution designed to eliminate bandwidth bottlenecks within data centers. This technological advancement is critical for supporting the intensive connectivity requirements of AI-driven workloads. Investors are increasingly focused on Credo's strategic role in the AI infrastructure supply chain as it scales its high-speed connectivity solutions.

about 1 month ago

Version History

Version 3about 1 month ago

What changed: Updated the story to focus on Credo Technology's strong financial results and the strategic launch of the Cardinal 1.6T optical DSP.

Version 2about 1 month ago

What changed: Updated the story to include specific acquisition terms (cash/stock split), the 12% surge in share price, and the strategic goal of expanding into the United States.

Version 1about 1 month ago

What changed: Added details on the $643M Eigen AI acquisition and specific analyst upside projections of 42-138% for the stock.