Credo Technology shares rise 9.46% intraday due to high-speed connectivity solutions for AI data centers and hyperscale networks.

Credo Technology surged 9.46% in intraday trading, with the company offering high-speed connectivity solutions for optical Ethernet, electrical Ethernet, and PCIe applications, including HiWire active cables, optical PAM4 digital signal processors, low-power line card PHYs, and SerDes chips and IPs, serving AI data centers and hyperscale networks.