CRDO Stock Today: Credo Technology Soars After Siemon Patent Deal as AI Data Center Demand Surges (November 25, 2025)
Credo Technology Group shares jumped about 13% Monday to $150–151 after announcing a patent licensing deal with The Siemon Company for active electrical cable technology. Trading volume hit 16 million, triple the usual pace. The stock remains 22% below its October high of $193.50 but is up over 400% from its April low. Next earnings report is set for December 1.