CRDO · Credo Technology Group Holding Ltd

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conference. Conference: 2026 Goldman Sachs Communacopia + Technology Conference Date: Thursday, September 10, 2026 Time: 10:50 a.m. PT Location: San Francisco, California The presentation will be webcast live on Credo’s IR website at http://investors.credosemi.com/ . The webcast replay will be available as soon as possible following the event on Credo’s IR website. About Credo Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect technologies deliver industry-leading power and performance from chip to cluster to meet the ever-expanding data infrastructure demands of AI. Our vertically integrated connectivity portfolio is comprised of our flagship purple ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers; optical components including silicon photonics-based photonic integrated circuits (SiPho PICs) and DSPs; OmniConnect AI memory and chip-to-chip interconnect; and retimers for Ethernet and PCIe—supported by our PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world. For more information, please visit https://www.credosemi.com . Follow Credo on LinkedIn . Credo, the Credo logo and the color purple when associated with AECs are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners. Media Contact: Diane Vanasse [email protected] Investor Contact : Dan O’Neil [email protected] Source: Credo

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced it will hold a conference call on Tuesday, September 1, 2026, at 2:00 p.m. Pacific Time to discuss its financial results for the fiscal first quarter ended August 1, 2026. The news release announcing the first quarter fiscal year 2027 financial results will be disseminated on September 1, 2026 after the market closes. Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Tuesday, September 1, 2026 by dialing 833-461-5787 (toll-free) or +1 585-542-9983 (international). The conference ID for the call is 702097177. It is recommended that participants dial in to the call at least 10 minutes before the start of the call. A live webcast of the conference call will be available on Credo’s Investor Relations website at http://investors.credosemi.com/ . A replay of the webcast will be available via the web at http://investors.credosemi.com/ . About Credo Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI. Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world. For more information, please visit https://www.credosemi.com . Follow Credo on LinkedIn . Credo, the Credo logo and the color purple when associated with AECs are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners. Media Contact: Diane Vanasse [email protected] Investor Contact : Dan O’Neil [email protected] Source: Credo

Enabling an Open Ecosystem of OmniConnect Products from Credo and Third Parties Based on Standardized Interconnect to Alleviate Dependence on High-Bandwidth Memory (HBM) SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced its plans to standardize an interconnect within the Open Compute Project (OCP) Community for addressing the memory wall challenge. The memory wall is the gap between how fast processors can compute and how fast memory can supply data, causing expensive compute resources to sit idle waiting for data. In modern AI inference environments, memory bandwidth and capacity—not compute power—are often the dominant constraints on system performance. Credo has formed the OCP Open Chiplet Economy (OCE) Lightweight Serial Interconnect (LSI) Workstream to develop interconnect solutions to overcome the memory bottlenecks that limit AI inference scalability in data infrastructure. In combination with the creation of the OCE LSI Workstream, Credo intends to contribute its OmniConnect lightweight AXI framer specification to OCP, with the goal to advance an open ecosystem of OmniConnect products from Credo and third parties that enable memory disaggregation and chip-to-chip communications. News Highlights: Credo plans to standardize an interconnect within the Open Compute Project (OCP) Community to help address the memory wall, the growing gap between processor performance and memory access speeds. Credo has established the OCP Open Chiplet Economy (OCE) Lightweight Serial Interconnect (LSI) Workstream and plans to contribute its OmniConnect lightweight AXI framer specification. The initiative aims to reduce dependence on costly, capacity-constrained HBM by enabling composable AI architectures that can deliver up to 25x greater memory density and 5% higher bandwidth than HBM4. Credo is helping to create an open, interoperable ecosystem for memory disaggregation and chip-to-chip communications. Credo has formed the OCP Open Chiplet Economy (OCE) Lightweight Serial Interconnect (LSI) Workstream to develop interconnect solutions to overcome the memory bottlenecks that limit AI inference scalability in data infrastructure. In combination with the creation of the OCE LSI Workstream, Credo intends to contribute its OmniConnect lightweight AXI framer specification to OCP, with the goal to advance an open ecosystem of OmniConnect products from Credo and third parties that enable memory disaggregation and chip-to-chip communications. High-Bandwidth Memory (HBM) suffers from very high cost, limited availability, and density issues. The standardization of a lightweight, high-efficiency serial interconnect option promotes the flexible composition of chiplet-based and modular AI systems and reduces reliance on HBM. AI system designers can flexibly compose domain-specific architectures optimized for diverse and evolving AI models, data flows, and workload characteristics, enabling up to 25x increase in memory density and 5% increase in bandwidth compared to HBM4. The effort supports the broader industry transition toward composable infrastructure—where compute, memory, and storage can be optimally combined—helping unlock higher performance, better resource utilization, and greater cost efficiency for AI at scale. “We formed the OCP LSI Workstream to address a clear industry need for innovative interconnect solutions that address the memory wall problem while also enabling a new generation of high-bandwidth and power-optimized modular architectures for AI systems,” said Vishal Shah, Vice President of Product, Credo. “Advancing an open approach to lightweight framing and serial interconnect is critical to enabling flexible chiplet integration, including near-package pluggable configurations, for the next wave of AI inference.” “We welcome Credo’s leadership in helping to

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, will showcase its latest interconnect products for AI memory and storage applications this week at the FMS (Future of Memory and Storage) 2026 conference. The FMS 2026 conference will take place August 4-6 at the Santa Clara Convention Center. Credo will showcase its latest interconnect products for AI memory and storage applications at the FMS (Future of Memory and Storage) 2026 conference taking place August 4-6 at the Santa Clara Convention Center. “The ability to move data reliably and efficiently across compute, memory, and storage resources is increasingly becoming the defining factor in AI infrastructure performance,” said Vishal Shah, Vice President of Product at Credo. “At Credo, we deliver innovative and reliable connectivity solutions that help overcome memory and storage bottlenecks, enabling systems with higher bandwidth, greater throughput, and more efficiency. We're excited to join industry leaders at the Future of Memory and Storage conference to showcase how these advances are accelerating AI at scale.” Credo Product Highlights (Booth #1146): OmniConnect Weaver solution : An AI memory and chip-to-chip interconnect that breaks through the memory bottlenecks that limit AI inference scalability. OmniConnect Weaver combines ultra-efficient 112G VSR SerDes with a lightweight AXI framer to deliver up to 25x increase in memory density and 5% increase in bandwidth compared to HBM4. PCIe® 6.0 technology-capable Toucan PCIe retimer : Extends PCIe reach between CPUs, GPUs, accelerators, and storage enabling greater system design flexibility for next-generation AI infrastructure. Toucan PCIe retimer provides high-performance signal conditioning across challenging channels while also providing structured observability with Credo’s PILOT diagnostic and analytics software platform. Chat with the Experts Event Vishal Shah, Vice President of Product, Credo will participate in the Beer, Pizza & Chat with the Experts event on Wednesday, August 5 at 7:15 pm on the topic of AI Data Center Storage Architecture / Memory & Storage AI Acceleration. FMS Best of Show Awards Finalist Credo has been named a finalist for the FMS Best of Show Awards for its OmniConnect Weaver interconnect solution in two separate award categories: AI Application and User Implementation. The award winners will be announced at the conference on Tuesday, August 4 at 6:00 pm. To request a meeting or product demo, please contact [email protected] . About Credo Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI. Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world. For more information, please visit https://www.credosemi.com . Follow Credo on LinkedIn . Credo, the Credo logo and the color purple when associated with AECs are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners. Media Contact: Kristin Hehir [email protected] Investor Contact : Dan O’Neil [email protected] Source: Credo

Company Named a USA TODAY Top Workplace and San Francisco Bay Area Top Workplace for Creating People-First Culture SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, has been recognized as a winner of the prestigious 2026 USA TODAY Top Workplaces award for the second year in a row. The award reflects Credo’s continued commitment to fostering a workplace culture that empowers employees, celebrates collaboration, and fuels innovation. Credo has been named a USA TODAY Top Workplace and a San Francisco Bay Area Top Workplace for creating people-first culture. The USA TODAY Top Workplaces awards honor organizations with 150 or more US employees that have built exceptional, people-first cultures. This year, more than 100,000 organizations were invited to participate. Winners are determined based on authentic employee feedback gathered through an anonymous survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. Results are calculated from employee responses to key statements aligned with specific workplace experience themes, and are proven indicators of high-performing organizations. The results also placed Credo as a winner in the 2026 San Francisco Bay Area Top Workplaces program, conducted in partnership with Axios, for the third year in a row, and a 2026 Culture Excellence Awards winner in multiple categories—all based on employee feedback from Energage’s workplace survey. Credo was honored in the following core areas of the employee experience proven to drive performance: Innovation, Work-Life Flexibility, Compensation and Benefits, Leadership, Purpose and Values, Professional Development, Employee Well-Being and Employee Appreciation. “Being named a USA TODAY Top Workplace, and a San Francisco Bay Area Top Workplace, is especially meaningful because it reflects the voices of our employees—the people who shape our culture every day,” said Bill Brennan, President and CEO, Credo. “At Credo, we believe that strong teams, a shared sense of purpose, and a culture of trust and respect are essential to long-term success. This recognition reflects the exceptional people across our company and reinforces our commitment to creating an environment where innovation can thrive and everyone has the opportunity to make an impact.” “Earning a USA TODAY Top Workplaces award is a testament to an organization’s credibility and commitment to a people-first culture," said Eric Rubino, CEO of Energage. "This award, driven by real employee feedback, is more than just a recognition—it’s proof that your employees believe in the organization and its leadership. Job seekers and customers look for this trusted badge of credibility and excellence. It signals a company that values its people, and that kind of culture resonates in

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today reported financial results for the fourth quarter and full fiscal year 2026, ended May 2, 2026. Fourth Quarter of Fiscal Year 2026 Financial Highlights Revenue of $437.0 million grew by 7.4% quarter over quarter and 157.0% year over year GAAP gross margin of 68.2% and non-GAAP gross margin of 68.3% GAAP operating expenses of $142.2 million and non-GAAP operating expenses of $81.7 million GAAP net income of $169.1 million and non-GAAP net income of $226.7 million GAAP diluted net income per share of $0.88 and non-GAAP diluted net income per share of $1.16 Ending cash and short-term investment balance of $1.4 billion Management Commentary Bill Brennan, Credo’s President and Chief Executive Officer, stated, “Fiscal 2026 marked another defining year for Credo. For the year, revenue more than tripled to $1.3 billion, and non-GAAP net income increased more than five times to $662 million. As we enter into fiscal 2027, Credo expects to achieve continued strong financial performance with our innovative and vertically integrated approach that enables customers to accelerate cluster time-to-stability, maximize GPU utilization, improve network reliability, and reduce overall infrastructure power and operating costs.” First Quarter of Fiscal Year 2027 Financial Outlook Revenue is expected to be between $465.0 million and $475.0 million GAAP gross margin is expected to be between 66.9% and 68.9%, and non-GAAP gross margin is expected to be between 67.0% and 69.0% GAAP operating expenses are expected to be between $167.6 million and $171.6 million, and non-GAAP operating expenses are expected to be between $86.0 million and $90.0 million Webcast and Conference Call Information Credo will conduct a conference call on Monday, June 1, 2026, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year 2026, ended May 2, 2026. Interested parties may join the conference call by dialing 833-461-5787 (toll-free) or +1 585-542-9983 (international). The conference ID for

Expands Optical Connectivity Portfolio to Include Silicon Photonics Photonic Integrated Circuits SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that it has completed its acquisition of DustPhotonics. DustPhotonics brings industry-leading silicon photonics photonic integrated circuit (SiPho PIC) technology for optical connectivity, deepening Credo’s optical interconnect portfolio across 800G, 1.6T, and 3.2T near-packaged optics (NPO) and co-packaged optics (CPO). With this technology, Credo is now positioned with a vertically integrated connectivity stack spanning SerDes, digital signal processing (DSP), silicon photonics, and system integration for scale-out and scale-up networks — addressing both electrical and optical interconnects across the full AI infrastructure buildout. Credo announced that it has completed its acquisition of DustPhotonics. DustPhotonics brings industry-leading silicon photonics photonic integrated circuit (SiPho PIC) technology for optical connectivity, deepening Credo’s optical interconnect portfolio across 800G, 1.6T, and 3.2T near-packaged optics (NPO) and co-packaged optics (CPO). With this technology, Credo is now positioned with a vertically integrated connectivity stack spanning SerDes, digital signal processing (DSP), silicon photonics, and system integration for scale-out and scale-up networks — addressing both electrical and optical interconnects across the full AI infrastructure buildout. With the addition of DustPhotonics, the company expects its combined portfolio of ZeroFlap optical transceivers, optical DSPs, and silicon photonics products to become a significant growth driver in fiscal 2027, reflecting strong customer traction and expanding adoption across hyperscale AI deployments. “I am thrilled to officially welcome the talented team from DustPhotonics to Credo,” said Bill Brennan, President and CEO, Credo. “Today marks an important milestone as we join two deeply skilled organizations united by a shared commitment to innovation, execution, and customer impact. Together, we will continue to advance a powerful, end-to-end optical connectivity solution platform with reliability and power efficiency at its core, helping our customers scale AI infrastructure.” “Today we celebrate that DustPhotonics is now a part of Credo,” said

Collaboration Enables Reliable Scaling of AI Inference Workloads and Faster Time to First Token SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, and Rebellions, a global leader in AI inference infrastructure, are working together to bring turnkey, scalable AI factories to enterprises around the world. The collaboration integrates Credo’s ZeroFlap active electrical cables (AECs)—designed to deliver consistent, link flap-free connectivity—into the production-ready, high-performance Rebellions RebelPOD™. By integrating Credo’s ZeroFlap AECs, Rebellions helps enterprises accelerate time to first token and unlock AI cluster productivity. Credo’s ZeroFlap active electrical cables (AECs)—designed to deliver consistent, link flap-free connectivity—are integrated into the production-ready, high-performance Rebellions RebelPOD™. [Photo of the Rebellions RebelPOD™ courtesy of Rebellions.] Inference workloads must deliver immediate responsiveness, predictable latency, and continuous availability, often across large, distributed clusters operating at high utilization. Even brief connectivity instability or component failures can delay inference requests, increase queue times, and degrade user experience. Credo’s ZeroFlap AECs virtually eliminate intermittent link disruptions, reduce operational troubleshooting, and simplify maintenance, enabling AI infrastructure to remain online and performant as it scales. With Credo’s renowned plug-and-play purple AECs integrated into the Rebellions RebelPOD architecture, enterprises can deploy AI inference capacity faster while maintaining operational stability over time. “AI inference infrastructure must be designed not only for performance, but also for continuous operation at scale,” said Bill Brennan, President and CEO, Credo . “The integration of Credo’s ZeroFlap AECs in the Rebellions RebelPOD architecture enables enterprises to deploy AI factories that deliver exceptional uptime, reliability, and serviceability—key requirements for delivering fast time to stability and revenue.” “Rebellions is focused on making AI inference infrastructure practical, efficient and accessible for enterprises and organizations worldwide,” said Sunghyun Park, Co-Founder and CEO, Rebellions . “In collaboration with Credo, we are streamlining AI adoption at scale—from development to deployment—and minimizing infrastructure complexity so customers can utilize AI inference faster, with lower operational risk.” Credo’s award-winning ZeroFlap AECs are known for delivering highly reliable interconnect for AI backend networks, operating without link flaps for billions of field operating hours. Credo ZeroFlap AECs are the interconnects fo

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that Bill Brennan, President and CEO, and Dan Fleming, CFO, are scheduled to present at the following upcoming investor conferences. Conference: 2026 Evercore TMT Global Conference Date: Wednesday, June 3, 2026 Time: 8:20 a.m. PT Location: San Francisco, California Conference: 2026 BofA Global Technology Conference Date: Thursday, June 4, 2026 Time: 9:20 a.m. PT Location: San Francisco, California The presentations will be webcast live on Credo’s IR website at http://investors.credosemi.com/ . Webcast replays will be available as soon as possible following the events on Credo’s IR website. About Credo Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI. Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world. For more information, please visit https://www.credosemi.com . Follow Credo on LinkedIn . Credo, the Credo logo and the color purple when associated with AECs are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners. Media Contact: Diane Vanasse [email protected] Investor Contact : Dan O’Neil [email protected] Source: Credo

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced it will hold a conference call on Monday, June 1, 2026, at 2:00 p.m. Pacific Time to discuss its financial results for the fourth quarter and fiscal year ended May 2, 2026. The news release announcing the fourth quarter and fiscal year 2026 financial results will be disseminated on June 1, 2026 after the market closes. Interested parties may join the conference call beginning at 2:00 p.m. Pacific Time on Monday, June 1, 2026 by dialing 833-461-5787 (toll-free) or +1 585-542-9983 (international). The conference ID for the call is 721028678. It is recommended that participants dial in to the call at least 10 minutes before the start of the call. A live webcast of the conference call will be available on Credo’s Investor Relations website at http://investors.credosemi.com/ . A replay of the webcast will be available via the web at http://investors.credosemi.com/ . About Credo Credo’s mission is to transform connectivity at scale through fast, reliable, and energy-efficient system solutions. Our high-speed copper and optical interconnect products deliver industry-leading power and performance at up to 1.6T to meet the ever-expanding data infrastructure demands of AI. Our product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs) and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, all leveraging the PILOT diagnostic and analytics software platform. Credo innovations enable our customers to connect the systems that connect the world. For more information, please visit https://www.credosemi.com . Follow Credo on LinkedIn . Credo, the Credo logo and the color purple when associated with AECs are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners. <div class="b

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, will participate in the global TSMC 2026 Technology Symposium events, kicking off on April 22 nd in Santa Clara, California. Credo will participate in the global TSMC 2026 Technology Symposium events, kicking off on April 22nd in Santa Clara, California. Credo will be at the following TSMC 2026 Technology Symposiums and Workshops: April 22 nd - North America Technology Symposium, Santa Clara, booth #502 May 5 th - Austin Technology Workshop May 14 th - Boston Technology Workshop May 14 th - Taiwan Technology Symposium, Hsinchu May 28 th - Europe Technology Symposium, Amsterdam June 25 th - China Technology Symposium, Shanghai July 3 rd - Japan Technology Symposium, Yokohama At each event, Credo will spotlight the first solution in its OmniConnect family , Weaver, designed to break through the memory bottlenecks that limit AI inference scalability. Weaver combines ultra-efficient 112G VSR SerDes, available in TSMC 5nm and 3nm processes, with a lightweight AXI framer to deliver high-bandwidth, low-latency, and power-optimized connectivity between compute engines and memory—whether on-die, off-substrate, or across chiplets. Compared to conventional LPDDR5X, OmniConnect Weaver provides a 10x boost in I/O beachfront density and a 20x increase in memory density 1 . In addition to Weaver, Credo will also highlight its 224G PAM4 SerDes Intellectual Property (IP), proven in TSMC 3nm process. By enabling 224G per lane data transmission, the technology provides ultra-high speed 1.6Tbps bandwidth for the build out of next-generation AI, cloud computing and hyperscale applications. “Credo has a longstanding partnership with TSMC and we share a vision for accelerating AI through innovation and collaboration,” said Jeff Twombly, Vice President of Business Development at Credo. “TSMC’s Technology Symposium events bring the ecosystem together to learn, network, and exchange ideas. We value the opportunity to be part of these important discussions which are shaping the energy-efficient, scalable AI architecture of the future.” About

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, released its Fiscal Year (FY) 2025 Greenhouse Gas (GHG) Report, detailing its FY2025 operational emissions inventory. The report reflects Credo’s commitment to transparent reporting and the thoughtful management of its environmental footprint as the company continues to scale. Credo released its Fiscal Year (FY) 2025 Greenhouse Gas (GHG) Report, detailing its FY2025 operational emissions inventory. The report reflects Credo’s commitment to transparent reporting and the thoughtful management of its environmental footprint as the company continues to scale. The 2025 GHG Report focuses on direct office emissions across Credo’s global footprint (Scope 1), as well as purchased electricity consumed across its offices and laboratories (Scope 2). Credo worked with Carbonhound, a GHG accounting platform provider, to support calculation of Scope 1 and Scope 2 emissions using standardized emissions factors and calculation methodologies. The company’s emissions data has undergone independent third-party verification by Brightspot Climate Inc., reinforcing the accuracy and reliability of its disclosures. “At Credo, high-quality emissions data isn’t a reporting exercise—it’s a business input that shapes how we operate and how we support our customers with consistent, reliable information,” said Bill Brennan, CEO of Credo. “This report reflects the discipline we’re building around measurement and verification, giving us the visibility we need as we scale to meet growing demand for energy-efficient infrastructure.” Credo’s 2025 GHG Report builds upon the emissions baseline established in prior years and provides a consistent framework for ongoing disclosure. Credo plans to continue annual reporting of its GHG inventory and work toward including Scope 3 emissions in future disclosures to deliver a more comprehensive view of its value chain impact. To view Credo’s 2025 GHG Report, visit the link here . Additional information about the company’s environmental, social and governance (ESG) initiatives can be found on Credo’s ESG page . About

Acquisition will bring industry-leading Silicon Photonics PIC technology in-house, expanding Credo's addressable market and deepening its optical interconnect portfolio across 800G, 1.6T, and 3.2T NPO and CPO SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency for the next generation of AI-driven applications, cloud computing, and hyperscale networks, today announced it has entered into a definitive agreement to acquire DustPhotonics, a leading developer of Silicon Photonics Photonic Integrated Circuit (SiPho PIC) technology for optical transceivers. The acquisition will position Credo with a vertically integrated connectivity stack spanning SerDes, Digital Signal Processing (DSP), Silicon Photonics and system integration for scale out and scale up networks — addressing both electrical and optical interconnects across the full AI infrastructure buildout. Credo Agrees to Acquire DustPhotonics, Accelerating Expansion into Silicon Photonics and Next Generation Optical Connectivity Strategic Rationale The acquisition of DustPhotonics directly accelerates Credo's optical interconnect roadmap and significantly expands its served addressable market in the global optical industry. DustPhotonics has developed a differentiated portfolio of SiPho PICs spanning 400G, 800G, and 1.6T, with a roadmap extending to 3.2T, that integrates key optical functions onto a single chip, reducing component complexity, improving manufacturing yields, and enabling meaningfully lower cost at scale as port speeds advance beyond 800G. In combination, these factors improve AI cluster reliability, a critical factor for data center operators. These SiPho PICs are deployed in transceivers at leading hyperscale AI clusters and are also in design for leading Near Port Optics (NPO) and Co-Packaged Optics (CPO) applications. According to LightCounting 1 and Credo estimates, the SiPho PIC market is expected to grow to $6 billion by 2030. Critically, SiPho PIC technology is a foundational component of Credo's ZeroFlap (ZF) Optical Transceiver platform. Bringing this capability in-house mitigates external supply dependencies, accelerates product development cycles, and creates a pathway to substantial cost structure improvement at volume. Combined with Credo's industry-leading SerDes and DSP intellectual property and products, the acquisition creates an end-to-end optical connectivity solution platform. Credo believes it has reached an inflection point in its optical business. With the addition of DustPhotonics, the company expects its combined portfolio of ZeroFlap Optical Transceivers, Optical DSPs, and Silicon Photonics products to generate greater than $500 million in optical revenue in fiscal 2027 , reflecting strong customer traction and expanding adoption across hyperscale AI deployments. Quotes Wi

SAN JOSE, Calif.--(BUSINESS WIRE)-- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) and TE Connectivity Corporation (NYSE: TEL) have reached a license and settlement agreement relating to AEC technology. Based on this agreement, all lawsuits between the two companies will be promptly dismissed. The terms of the agreement remain confidential. About Credo Credo’s mission is to redefine high-speed connectivity by delivering breakthrough solutions that enable the next generation of AI-driven applications. We are committed to enabling faster, more reliable, more energy-efficient, and scalable solutions that support the ever-expanding demands of AI, cloud computing, and hyperscale networks. Our innovations ease system bandwidth bottlenecks while simultaneously improving on power, security, and reliability. Our connectivity solutions are optimized for optical and electrical Ethernet applications, including the 100G (or Gigabits per second), 200G, 400G, 800G and the emerging 1.6T (or Terabits per second) port markets. Credo products are based on our proprietary Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies. Our product families include Integrated Circuits (ICs) for the optical and line card markets, Active Electrical Cables (AECs) and SerDes Chiplets. Our intellectual property (IP) solutions consist primarily of SerDes IP licensing. For more information, please visit https://www.credosemi.com . Follow Credo on LinkedIn . About TE Connectivity TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on <a href="https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fedge.prnewswire.com%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D4646575-1%26h%3D4074388472%26u%3Dhttps%253A%252F%252Fwww.linkedin.com%252Fcompany%252Fte-connectivity%252F%26a%3DLinkedIn&esheet=54467477&newsitemid=20260327292789&lan=en-US&anchor=LinkedIn&index=5&md5=e24d31db1b52c71d8e58e74180760f7a" rel="nofollow" shape=

Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and energy efficiency, has reached a cross-license and settlement agreement with Molex, LLC. Based on this agreement, the lawsuits will be promptly dismissed, bringing an end to all patent disputes between the two companies. The terms of the agreement remain confidential. About Credo Credo’s mission is to redefine high-speed connectivity by delivering breakthrough solutions that enable the next generation of AI-driven applications. We are committed to enabling faster, more reliable, more energy-efficient, and scalable solutions that support the ever-expanding demands of AI, cloud computing, and hyperscale networks. Our innovations ease system bandwidth bottlenecks while simultaneously improving on power, security, and reliability. Our connectivity solutions are optimized for optical and electrical Ethernet applications,

Accelerates Time to First Token and Enhances AI Cluster Productivity Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced the general availability of its revolutionary 800G 2 x DR4 ZeroFlap (ZF) transceiver products. Credo’s ZF optical transceivers address persistent connectivity issues—most notably link flaps—that undermine AI cluster performance and deployment efficiency. With enhanced stability and rapid fault detection, ZF transceivers accelerate time to first token and unlock higher productivity, providing measurable operational value for AI infrastructure. Credo has announced the general availability of its innovative 800G 2 x DR4 ZeroFlap (ZF) transceiver products, designed to better manage and mitigate optical link flaps. ZF optical transceivers integrate in-band remote telemetry; automated responses that localize, remediate and prevent link

Highly Integrated, High-Performance and Power-Efficient Devices Bring Flexible Deployment Options to Accelerate AI Infrastructure Build-Out Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced the launch of its Robin optical digital signal processor (DSP) family. The Robin optical DSP family is designed to meet the growing performance, power efficiency, and scalability demands of AI-driven data center networks. Built on Credo’s advanced sixth-generation DSP architecture, the Robin 800G and 400G devices deliver enhanced signal integrity, reduced power consumption, and flexible deployment options, enabling hyperscale operators and system vendors to accelerate AI infrastructure deployments. Credo’s Robin 800 series of DSPs are engineered for AI-optimized 800G transceivers, delivering enhanced signal integrity, reduced power consumption, and flexible

Features World-Class Energy Efficiency in a Highly Integrated Design Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced Cardinal, a groundbreaking family of 3nm low‑power, highly integrated 224G/lane optical DSPs designed specifically to meet the explosive bandwidth, latency, and reliability demands of modern AI compute fabrics. Credo's Cardinal 1.6T optical DSP family addresses the bandwidth, scale, and power requirements of massive AI clusters with a proven low‑power architecture, superior latency with the flexibility to support both retimed 1.6T optics, and ultra‑efficient linear‑receive implementations. News Highlights: Credo has announced its second generation of 1.6T optical DSP family for addressing the bandwidth, scale, and power requirements of massive AI clusters. The Cardinal family of devices includes low-power, high-swing integrated EML

Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, will showcase its latest optical product portfolio and technology advancements at the 2026 Optical Fiber Communication Conference and Exhibition (OFC). OFC 2026 will take place March 15-19 at the Los Angeles Convention Center. “OFC is always an incredible opportunity to connect with our customers, partners, and peers across the optical ecosystem,” said Don Barnetson, SVP of Product at Credo. “This year, we’re especially excited to showcase our innovative ZeroFlap optics and latest high‑performance optical DSPs. As demand for bandwidth accelerates, Credo solutions are built to deliver greater efficiency, scalability, and reliability for next‑generation data center and AI infrastructures.” Credo Booth Demonstration Highlights (Booth #1449 in South Hall), March 17-19: ZeroFlap Optics for AI Scale-Out: A live,

Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today reported financial results for the third quarter of fiscal year 2026, ended January 31, 2026. Third Quarter of Fiscal Year 2026 Financial Highlights Revenue of $407.0 million, grew by 51.9% quarter over quarter and 201.5% year over year GAAP gross margin of 68.5% and non-GAAP gross margin of 68.6% GAAP operating expenses of $129.2 million and non-GAAP operating expenses of $77.4 million GAAP net income of $157.1 million and non-GAAP net income of $208.8 million GAAP diluted net income per share of $0.82 and non-GAAP diluted net income per share of $1.07 Ending cash and short-term investment balance of $1.3 billion Management Commentary Bill Brennan, Credo’s President and Chief Executive Officer, stated, “In the third quarter Credo once again delivered record results with revenue of $407.0 million, an increase of

Integration of High-Performance IP Technologies and Talented Team to Advance Connectivity Solutions for AI Infrastructure Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced that it has acquired high-speed connectivity IP innovator CoMira Solutions. The acquisition of CoMira brings specialized link layer, error correction (ECC) and security semiconductor IP to support the development of new and advanced system-level solutions for scale-up and scale-out AI architectures. The CoMira team of designers and engineers have created IP solutions deployed in some of the most challenging and highest volume chips optimized for networking, AI, high-performance computing and servers. CoMira has a strong track record of success partnering with leading semiconductor companies, delivering custom IP to develop cutting-edge connectivity products. Its link layer, ECC, and

Collaboration Enables Faster Time to First Token and Higher Cluster Utilization Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced a collaboration with TensorWave, the AMD-exclusive AI cloud provider, to deploy Credo’s ZeroFlap (ZF) family of Active Electrical Cables (AECs) and Optics across TensorWave’s next-generation AI cluster infrastructure. The collaboration supports TensorWave’s mission to deliver faster time to first token, higher cluster utilization, and production-grade reliability at scale. Credo is collaborating with TensorWave, the AMD-exclusive AI cloud provider, to deploy Credo’s ZeroFlap (ZF) family of Active Electrical Cables (AECs) and Optics across TensorWave’s next-generation AI cluster infrastructure. The collaboration supports TensorWave’s mission to deliver faster time to first token, higher cluster utilization, and

Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, announced that its PCIe® 6.0 technology-capable Toucan PCIe retimer has earned PCI-SIG® compliance at 32.0 GT/s. Credo's PCIe® 6.0 technology-capable Toucan PCIe retimer has earned PCI-SIG® compliance at 32.0 GT/s. This validation enables customers to deploy Toucan confidently in PCIe 6.0 technology and previous generation systems, avoiding compatibility and debugging challenges common with legacy-only solutions while preparing for future PCIe technology transitions. Key points: Credo’s production-ready 7nm PCIe 6.0 technology-capable Toucan PCIe retimer has been validated as PCI-SIG compliant at PCIe 5.0 technology speeds, ensuring interoperability, signal integrity, and low-power performance across industry-standard platforms. This validation enables customers to deploy Toucan confidently in PCIe 6.0 technology and

Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today provided preliminary revenue results for the third quarter and updated revenue guidance for the fourth quarter of fiscal year 2026. Credo expects to report third quarter fiscal year 2026 revenue in the range of $404 million to $408 million, above the high-end of Credo’s previously announced third quarter guidance range of $335 million and $345 million. Looking towards the end of fiscal year 2026 and into fiscal 2027, Credo expects sequential revenue growth in the mid-single digits leading to more than 200% year-over-year growth in the current fiscal year. Credo will provide additional details and discuss its financial results for the quarter ended January 31, 2026, during Credo’s third quarter fiscal year 2026 earnings conference call. Credo will hold the conference call on Monday, March 2, 2026, at 2:00 p.m.

Enables Flexible Backplane Architecture for AI Scale-Up Networking Applications Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solutions, today announced its Blue Heron 224G AI scale-up retimer, optimized to support the growing need for extended cable and PCB backplane links using UALink, ESUN, and Ethernet protocols. Credo's Blue Heron 224G AI scale-up retimer is optimized to support the growing need for extended cable and PCB backplane links using UALink, ESUN and Ethernet protocols. Key points: Credo’s Blue Heron 224G AI scale-up retimer supports multiple protocols that include UALink, ESUN, and Ethernet. Blue Heron allows full recovery of a 40+dB 224G link to enable rack-scale cable backplanes and flexible placement of GPUs and switch ICs to support AI scale-up applications. Blue Heron is built in an advanced 3nm process using Credo’s high-performance 224G SerDes. 224G