Credo Technology Group Holding Ltd

Credo Technology Group Holding Ltd (NASDAQ: CRDO) is a semiconductor company that designs and markets high-speed connectivity solutions for data infrastructure and artificial intelligence applications. The company's website is www.credosemi.com.

Credo develops a comprehensive portfolio of copper and optical interconnect products designed to deliver industry-leading power and performance at speeds up to 1.6 terabits per second. The company's core product families include ZeroFlap Active Electrical Cables, optical digital signal processors, ZeroFlap optical transceivers, OmniConnect memory solutions, SerDes chiplets, PCIe retimers, and microLED solutions. These products leverage the company's proprietary Serializer/Deserializer and Digital Signal Processor technologies, along with its PILOT diagnostic and analytics software platform.

The company operates a fabless business model, utilizing Taiwan Semiconductor Manufacturing Company for wafer fabrication and contracting with third-party partners for packaging, assembly, and testing. Credo's products address the connectivity needs of hyperscalers, cloud infrastructure providers, original equipment manufacturers, original design manufacturers, and optical module manufacturers serving the artificial intelligence and data center markets.

In fiscal 2026, Credo generated total revenue of 1.3 billion dollars, compared to 436.8 million dollars in fiscal 2025. The company's customer base includes over 20 blue-chip clients, with sales to the top 10 customers representing approximately 90 percent of total revenue. Two customers accounted for 10 percent or more of fiscal 2026 revenue.

As of May 2, 2026, Credo employed 807 full-time equivalent employees, including 616 engineers. The company maintains a global footprint with 330 employees located in North America and 477 employees located in Asia, with offices in San Jose, Pittsburgh, Canada, mainland China, Hong Kong, and Taiwan. The company's intellectual property portfolio includes 86 issued patents and 39 pending patent applications in the United States, along with 52 issued patents and 41 pending patent applications in mainland China.