How Credo Technology Group Holding Ltd’s (CRDO) DustPhotonics Deal Deepens Its AI Data Center Connectivity Roadmap

Habib Ur Rehman

Fri, July 3, 2026 at 2:58 PM PDT 1 min read

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the stocks with rising earnings estimates and fresh catalysts.

The stock has 15 upward EPS revisions and no downward revisions for the upcoming fiscal year over the last three months, while revenue estimates show 14 upward revisions and no downward revisions. That gives Credo one of the cleaner revision profiles in the group, even if its raw revision count is smaller than the larger AI infrastructure names.

On June 1, Credo reported fiscal fourth-quarter revenue of $437 million, up 157% year over year, and guided current-quarter revenue above analyst expectations. The catalyst is the company's deeper role in AI data-center connectivity, where active electrical cables, optical transceivers, DSPs, and retimers help improve cluster reliability and GPU utilization. Credo also completed its DustPhotonics acquisition on May 28, bringing silicon photonics technology in-house and expanding its optical interconnect roadmap across 800G, 1.6T, and future platforms. That gives the estimate story a product and integration angle, not just a hot-sector halo.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) develops high-speed connectivity products used in data centers, including active electrical cables, optical transceivers, retimers, and signal-processing chips.

While we acknowledge the potential of CRDO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years.

Disclosure: None. Follow Insider Monkey on Google News.