My Due Diligence on CRDO.

They provide the "Active Electrical Cables" (AECs) that connect the world's most powerful AI clusters. * **Triple-Digit Hypergrowth:** Q2 2026 revenue just hit **$268M (up 272% YoY)**. They aren't just growing; they are exploding as hyperscalers (Amazon, Microsoft, Meta) build out their data centers. * AI supercomputers (like the ones built by **Amazon**, **Microsoft**, and **Elon Musk**) require thousands of chips to talk to each other. * Credo's cables are the industry standard for connecting these chips. * If you've seen photos of giant "walls" of purple cables in data centers, those are almost certainly Credo’s. * **The "Copper" Advantage:** Their AEC technology is **1,000x more reliable** and uses **50% less power** than traditional optical fiber for short distances. In a world where AI power consumption is a bottleneck, Credo is the solution. # Full-Year FY2026 Outlook Credo significantly increased its full-year expectations: * **Revenue Growth:** Now expected to be **approximately 170%** for the full fiscal year 2026, a major jump from their previous projection of 120%. * **Total Revenue:** Analyst consensus following the call moved to approximately **$1.19 billion** for the year Most analyst PT are above 200. Stock was at 210 day after earnings last quarter and dropped to 130s and is currently at 150s.