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NASDAQ:CRDO 11 January 2026 - 9 August 2026

Credo Technology (NASDAQ:CRDO) Soars 21% as Wall Street Target Gap Narrows
AI stocks mixed in Q3 as memory slump pressures cash flow after capex surge

AI stocks mixed in Q3 as memory slump pressures cash flow after capex surge

Seeking Alpha’s summary flagged memory as the first pressure point. Odaily said Q3 flows are leaving broad AI and moving into storage, optical, power, and data center names. Investing.com described the quarter as a divergence, with results, AI spending, and the Fed dragging the market in opposite directions. Wednesday’s price action backed up that idea: AI is splitting into more trades.
Credo shares surge, AI cable outlook grows, but little room left for error

Credo shares surge, AI cable outlook grows, but little room left for error

Credo Technology Group Holding Ltd jumped 9.8% to $265.55 on Monday, leading gains in the Philadelphia Semiconductor Index, which added 2.2%. William Blair’s Sebastien Naji, who rates the stock at buy, said it’s his “highest conviction semiconductor stock for the next six months,” according to Investor’s Business Daily. CRDO has climbed about 85% this year.
Credo Shares Slip After Earnings Beat

Credo Shares Slip After Earnings Beat

Credo Technology shares dropped over 10% in after-hours trading Monday. The company, which supplies AI data-center connectivity, topped Wall Street’s quarterly profit and revenue targets, but that wasn’t enough after the stock’s big rally. Credo ended regular trade off 4.2% at $226.10, then was quoted at $203.22 after hours by MarketBeat at 4:42 p.m. ET.
Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Shares of Credo Technology Group Holding Ltd climbed around 2% to hit $98.96 by Thursday afternoon. The Nasdaq-listed company’s stock swung between $93.66 and $101.78, with roughly 5.8 million shares changing hands. Credo's market value stands near $32.5 billion, trading at approximately 153 times trailing earnings.
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