Credo sets fiscal 2027 optical revenue target above $600M; Q2 revenue outlook raised to $525M-$535M
AI Market Summary
Credo reported record revenue and raised Q2 revenue guidance to $525–$535M while targeting over $600M in optical revenue by fiscal 2027. The outlook reinforces sustained AI-driven demand for high-speed interconnect and optical connectivity, supporting expectations for continued capacity expansion and pricing power across the data-center networking supply chain. Near-term trading focus is likely to center on execution versus the elevated guidance and AI capex sensitivity.
Impact level
● Medium
Affected assets
NCSKCRDO2USD/USDT-13.22%
AI Insight · NCSKCRDO2USD/USDTAI Insight
▲ Bullish
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Credo reported record revenue on its fiscal 2027 first-quarter earnings call. The company raised its second-quarter revenue guidance to $525M-$535M. It also set a goal of more than $600M in optical revenue for fiscal 2027, pointing to continued strong demand for AI-related high-speed connectivity.
