Credo Tech Shares Rally on 43% Volume Surge, Rank 189th in Trading Activity Amid Patent Settlement and Growth Plans

On August 22, 2025, Credo Technology (CRDO) closed with a 2.87% gain, trading at a volume of $550 million, a 43.36% increase from the previous day. The stock ranked 189th in trading activity among listed equities.

A key development this month saw Credo resolve its patent dispute with Amphenol through a licensing agreement, effectively ending all litigation related to active electrical cable technology. The settlement eliminates recurring legal risks and expenses, providing operational clarity. However, analysts note the resolution does not address Credo’s reliance on a limited number of hyperscale clients for revenue, which remains a critical vulnerability.

Recent product launches, including the PILOT platform targeting data center and AI cluster connectivity, highlight Credo’s efforts to diversify its customer base. Widespread adoption of such solutions could mitigate concentration risk, though securing new design wins will be pivotal for near-term growth. The company’s long-term revenue projections anticipate $1 billion in sales by 2028, driven by a 33.8% annual growth rate in high-speed connectivity markets.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day resulted in a moderate return. The total profit from this strategy, considering the given time frame from 2022 to the present, is $2,340. The cumulative return reaches 23.4%. This indicates a positive performance, but the returns are not significantly high, suggesting a more conservative approach to trading volume-based strategies.