Credo Technology Group Holding stock jumps as Broadcom backs copper over optics in AI racks
Shares of Credo Technology Group Holding climbed roughly 9% in mid-afternoon U.S. trading Thursday, as Broadcom’s recent remarks on AI data-center wiring gave a boost to copper-connected stocks. At 2:44 p.m. EST, MarketScreener showed Credo at $111.94, up 9.17%.