Credo sets fiscal 2027 optical revenue target above $600M; Q2 revenue outlook raised to $525M-$535M

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.