Credo Shares Drop 3.14 as $510M Volume Ranks 194th Amid Patent Settlement with Amphenol

On August 14, 2025, Credo Technology (NASDAQ: CRDO) closed at a 3.14% decline, with a trading volume of $0.51 billion ranking 194th in the market. The stock's performance coincided with the announcement of a confidential settlement resolving patent disputes with Amphenol over active electrical cable technology. Legal actions between the two companies have been dismissed, marking an end to prolonged litigation. Don Barnetson, Credo’s Senior Vice President of Product, described the resolution as amicable, though financial terms remain undisclosed.

Credo, a provider of high-speed connectivity solutions, focuses on advancing AI-driven applications through proprietary SerDes and DSP technologies. Its product portfolio includes ICs for optical and line card markets, AECs, and SerDes Chiplets, targeting 100G to 1.6T port applications. The settlement with Amphenol is expected to reduce operational distractions, aligning with Credo’s strategic emphasis on innovation in energy-efficient, scalable networking solutions.

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