Credo Technology Group Holding Ltd. (CRDO) and Broadcom Inc. (AVGO) are semiconductor companies that specialize in high-speed connectivity solutions essential for AI-driven data centers.The data center market is undergoing rapid transformation as organizations accelerate their digital initiatives, including the adoption of hybrid and multi-cloud architectures, along with advanced technologies such as artificial intelligence (AI) and machine learning (ML). This surge in digital activity has resulted in explo ...

Credo Technology Group Holding Ltd (CRDO) stock has slipped 33.3% over the past three months, significantly more than the Electronic-Semiconductors industry’s decline of 16.4%. The broader Computer and Technology sector and S&P 500 Composite have registered declines of 11.5% and 7.8%, respectively, over the same time frame. The markets since April have been affected by evolving U.S. trade policy and diminishing macroeconomic visibility. Price PerformanceImage Source: Zacks Investment ResearchCRDO gained 6.1 ...