🟢 Credo Technology Group is trading 5.3% up today on strong fiscal 2026 results and raised AI-driven guidance

Credo Technology Group is trading 5.3% up at $249.49 in pre-market, extending a powerful rally driven by surging demand for AI infrastructure.

• The company recently provided upside revenue pre-announcements and strong fiscal 2026 results, repeatedly raising guidance for Active Electrical Cables (AEC) and optical DSPs used in large AI GPU clusters.
• Fresh analyst optimism and multiple price target hikes have reinforced the growth narrative as the stock rebounds alongside the broader semiconductor sector.