Credo (CRDO) Expands AI Connectivity Through Hyperlume Acquisition
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the best smart city stocks. Credo disclosed on September 29 that it has wrapped up its acquisition of Hyperlume, a privately held microLED optical interconnect technology company for chip-to-chip communication. The transaction is meant to expand Credo’s high-speed connectivity solutions with Hyperlume’s miniature LED technology, catering to the rising bandwidth demands of AI-based data infrastructure. Credo (CRDO) Expands AI Connectivity Through ...