CRDO - Credo Technology: Benefits From The Rising Demand For Faster Data Connectivity
2024-06-24 10:35:25 ET
Summary
- CRDO benefits from increasing demand for faster data transmission in a digitalized world with AI applications.
- CRDO designs and sells high-performance products, primarily monetizing its SerDes IP through licensing agreements and sales.
- The major investment risk is CRDO's customer concentration risk.