CREDO TECHNOLOGY GROUP


Associated tags: SAN, Credo, Interest, Cryptocurrency

Locations: GEORGE TOWN, KY

Credo Technology Group Holding Ltd Reports Second Quarter of Fiscal Year 2024 Financial Results

Retrieved on: 
Wednesday, November 29, 2023

Bill Brennan, Credo’s President and Chief Executive Officer, stated, “For the second fiscal quarter ended October 28, 2023, Credo reported revenue of $44.0 million, representing 25% growth compared to the prior quarter.

Key Points: 
  • Bill Brennan, Credo’s President and Chief Executive Officer, stated, “For the second fiscal quarter ended October 28, 2023, Credo reported revenue of $44.0 million, representing 25% growth compared to the prior quarter.
  • Credo believes that the presentation of non-GAAP financial measures provides important supplemental information to management and investors regarding financial and business trends relating to Credo’s financial condition and results of operations.
  • Externally, management believes that investors may find Credo’s non-GAAP financial measures useful in their assessment of Credo's operating performance and the valuation of Credo.
  • The exclusion of the above items from our GAAP financial metrics does not necessarily mean that these costs are unusual or infrequent.

Credo Introduces World’s First 800G DSP for Linear Receive Optics, Targeting Hyperscale and AI Data Centers

Retrieved on: 
Wednesday, November 29, 2023

The Dove 850 is a unidirectional 8 x 112 Gb/s DSP purpose built for this LRO architecture.

Key Points: 
  • The Dove 850 is a unidirectional 8 x 112 Gb/s DSP purpose built for this LRO architecture.
  • View the full release here: https://www.businesswire.com/news/home/20231129341796/en/
    Credo today announced availability of an industry first, the Dove 850 800G DSP IC, optimized for Linear Receive Optics (LRO), also known within the industry as Half-retimed Linear Optics (HALO).
  • The Dove 850 is a unidirectional 8 x 112 Gb/s DSP purpose built for this LRO architecture.
  • (Graphic: Business Wire)
    As hyperscale data center AI deployments grow rapidly, high-speed optical transceivers and AOCs are critical to connecting thousands of GPUs.

Credo Releases Environmental, Social and Governance (ESG) Report for 2023

Retrieved on: 
Tuesday, November 28, 2023

Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, today released its 2023 Environmental, Social and Governance (ESG) report detailing Credo’s initiatives and efforts around environmental management, diversity, equity, and ethical conduct.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, today released its 2023 Environmental, Social and Governance (ESG) report detailing Credo’s initiatives and efforts around environmental management, diversity, equity, and ethical conduct.
  • It’s about being on the right side of history, delivering value for our customers, and igniting a culture of continual innovation.
  • It’s also about assessing our current position and identifying what actions we need to take to meet our long-term goals.
  • Credo’s ESG report is grounded in the sense of a strong connection combined with accountability.

Credo Schedules Second Quarter Fiscal Year 2024 Financial Results Conference Call

Retrieved on: 
Wednesday, November 8, 2023

SAN JOSE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, today announced it will hold a conference call on Wednesday, November 29, 2023, at 1:30 p.m. Pacific Time to discuss its financial results for the fiscal second quarter ended October 28, 2023.

Key Points: 
  • SAN JOSE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, today announced it will hold a conference call on Wednesday, November 29, 2023, at 1:30 p.m. Pacific Time to discuss its financial results for the fiscal second quarter ended October 28, 2023.
  • The news release announcing the second quarter fiscal year 2024 financial results will be disseminated on November 29, 2023 after the market closes.
  • Interested parties may join the conference call beginning at 1:30 p.m. Pacific Time on Wednesday, November 29, 2023 by registering online at https://register.vevent.com/register/BI1fb083d222464429bc4d1f05fbec6058 .
  • After registering, a confirmation will be sent through email, including dial-in details and a unique conference call code for entry.

Credo Introduces HiWire Pluggable Patch Panel(P3) To Support Coherent Optics & Core Switching Evolution

Retrieved on: 
Monday, October 16, 2023

The Credo HiWire P3 enables service providers and hyperscalers the freedom to decouple pluggable optics from core switching and routing hardware using Credo’s HiWire Active Electrical Cables (AECs).

Key Points: 
  • The Credo HiWire P3 enables service providers and hyperscalers the freedom to decouple pluggable optics from core switching and routing hardware using Credo’s HiWire Active Electrical Cables (AECs).
  • Credo Introduces HiWire Pluggable Patch Panel(P3) To Support Coherent Optics & Core Switching Evolution.
  • (Photo: Business Wire)
    The HiWire P3 is a single rack unit (1RU), 32 port QSFP-DD appliance that allows standard pluggable optics to directly connect to an AEC without the use of a switch chip.
  • “The HiWire P3 enables complete flexibility in the deployment of modern pluggable optics with new and legacy switches and routers,” said Don Barnetson, Vice President of Product at Credo.

Credo to Showcase Datacenter AI, Compute and CXL at OCP Global Summit in San Jose

Retrieved on: 
Monday, October 16, 2023

Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, is excited to announce its participation in the upcoming OCP Global Summit on October 17-19,2023 in San Jose, CA.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and energy-efficiency, is excited to announce its participation in the upcoming OCP Global Summit on October 17-19,2023 in San Jose, CA.
  • OCP provides Credo with a platform to showcase generative AI, general compute and operator focused connectivity solutions.
  • View the full release here: https://www.businesswire.com/news/home/20231016050756/en/
    The OCP Global Summit provides Credo with a platform to showcase our generative AI, general compute and operator focused connectivity solutions.
  • Credo invites all OCP Global Summit attendees to visit booth #B10 and the Rack and Power Experience Center and attend our presentations to learn more.

Credo Joins with Industry Players to Announce Effort to Standardize CXL Active Electrical Cables & Optics at OCP Global Summit 2023

Retrieved on: 
Thursday, October 12, 2023

Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions, in conjunction with 33 other partners, is excited to announce the HiWire Consortium Compute Express Link (CXL) Active Electrical Cable (AEC) and optics standardization effort.

Key Points: 
  • Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions, in conjunction with 33 other partners, is excited to announce the HiWire Consortium Compute Express Link (CXL) Active Electrical Cable (AEC) and optics standardization effort.
  • View the full release here: https://www.businesswire.com/news/home/20231012008138/en/
    Credo Joins with Industry Players to Announce Effort to Standardize CXL Active Electrical Cables & Optics at OCP Global Summit 2023 (Photo: Business Wire)
    CXL is expected to enable servers to dramatically expand memory footprints and to share compute, memory and storage resources across rack and row scale installations at line rate.
  • The HiWire Consortium CXL Cabling workstream is intended to enable row-scale CXL connectivity with the simplicity and interoperability that HiWire Ethernet AECs are already known for.
  • “We are excited to work with HiWire Consortium on CXL standardization to achieve the same seamless interoperability for this new generation of external interconnect.”
    To view the full list of HiWire Consortium members, go here .

Credo to Showcase Suite of High-Performance, Energy Efficient Optical Products at ECOC 2023

Retrieved on: 
Monday, October 2, 2023

ECOC is the leading European conference in the field of optical communication, and one of the most prestigious and long-standing events in this field.

Key Points: 
  • ECOC is the leading European conference in the field of optical communication, and one of the most prestigious and long-standing events in this field.
  • During ECOC Credo will also be hosting live demonstrations of our latest optical products by appointment only for customers.
  • Credo will also participate in the OIF multi-vendor interoperability demonstration at stand 304.
  • We will have a public display at ECOC at stand 920 in the Scottish Event Campus (SEC) in Glasgow, Scotland.

Credo Introduces Industry’s First Monolithically Integrated CMOS VCSEL Driver in an 800G DSP

Retrieved on: 
Wednesday, September 6, 2023

Dove 800D and 410D DSPs, with integrated VCSEL drivers, address this market and enable our customers to simplify their PCB design while reducing overall module costs.

Key Points: 
  • Dove 800D and 410D DSPs, with integrated VCSEL drivers, address this market and enable our customers to simplify their PCB design while reducing overall module costs.
  • “The majority of this traffic is sent over short 400G and 800G MMF links using optical SR4/SR8 modules or Active Optical Cables (AOCs).
  • Both devices include integrated Credo VCSEL drivers.
  • Integrated 100G VCSEL drivers with programmable laser currents to optimize module layout and reduce BOM costs.

Credo Introduces Quad Channel Transimpedance Amplifier for Optical Transceivers and Active Optical Cables

Retrieved on: 
Tuesday, September 5, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230904934644/en/
    Credo Introduces Quad Channel Transimpedance Amplifier for Optical Transceivers and Active Optical Cables.
  • Impressive Low-Power TIA, combined with Credo DSPs and Laser Drivers, creates a complete optical chipset solution for Hyperscale Data Centers and Network Equipment OEMs.
  • All Credo product offerings are supported by evaluation boards, simulation models, characterization reports, reliability reports, design libraries and a full set of supporting documentation.
  • To learn more about Credo Optical products, go here .