Credo Technology Group is trading 5.38% up at $261.01, following a broader technology-led market rebound ahead of the July CPI release.
- Nasdaq Composite futures rose 0.7%.
- Upbeat AI-infrastructure earnings from CoreWeave and Super Micro Computer supported the technology sector.
- No clear company-specific announcement was identified for August 12, 2026; the move appears primarily linked to global risk sentiment and CPI positioning.