ChipsSeeking Alpha3 days ago
Credo Technology Upgraded to Strong Buy
1 min read
Credo Technology Group received a Strong Buy upgrade, driven by its OmniConnect gearbox and L3C technology addressing AI scaling bottlenecks. The analyst estimates $2,000, $3,000 per GPU revenue potential and a $398.6 fair value, a 79% upside. Risks include $250.8M inventory and 34% client concentration.
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