Credo Technology Surges to 404th in Trading Volume with $217 Million Day

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 2, 2025 8:00 pm ET1min read
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On April 2, 2025, Credo TechnologyCRDO-- (CRDO) saw a trading volume of $217 million, marking a 42.93% increase from the previous day. This surge placed CredoCRDO-- in the 404th position in terms of trading volume for the day. The stock price of Credo Technology rose by 3.16%, marking the second consecutive day of gains, with a total increase of 7.17% over the past two days.

Credo Technology has recently launched its new Lark Optical DSP family, which is designed to save energy for AI data centers. The Lark 850, an ultra-low-power 800G Linear Receive Optics (LRO) DSP, consumes under 10W, making it an ideal solution for AI-driven data environments. This innovative product is part of Credo's efforts to address the growing demand for energy-efficient solutions in the AI data center market.

The Lark DSP family delivers sub-10W power consumption for 800G optical networks, which is crucial for handling the explosive growth of AI data centers. This new product line is expected to transform the 800G optical network market by providing a more energy-efficient solution. The full specifications of the Lark DSP family are available for those interested in the technical details.

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