Tag: Credo Technology
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What is the reason for the surge in Credo Technology (CRDO)? AI data center cable demand and stock price outlook.
Base Exchange Rate: 1 USD = 1,456 KRW (As of 2026-05-08) | Analysis Date: May 8, 2026 | Current Share Price: $188.29 Executive Summary Credo Technology Group (NASDAQ: CRDO) is a semiconductor company specializing in AI data center high-speed connectivity solutions. Based on the current share price of $188.29, we set a 12-month baseline target price of $209 (approx. 304,304 KRW) and maintain a Buy rating. The key investment points are as follows. AEC (Active Electric…