Latest news with #Credo
Yahoo
13 hours ago
- Business
- Yahoo
Credo Chairman, President and CEO Bill Brennan Joins Global Semiconductor Alliance Board of Directors
SAN JOSE, Calif., July 17, 2025--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. As a GSA Board Member, Mr. Brennan will collaborate with industry leaders to drive innovation, address key challenges, and strengthen the semiconductor ecosystem. GSA plays a critical role as a global voice for the industry, offering leadership, fostering meaningful collaboration, and promoting entrepreneurial growth across the semiconductor value chain. "It's an honor to join GSA's Board of Directors and work alongside distinguished leaders shaping the future of our industry," said Bill Brennan, President and CEO of Credo. "Credo is committed to advancing energy-efficient and highly-reliable connectivity solutions critical to the next generation of cloud computing, AI, and hyperscale networks. I look forward to contributing Credo's perspective and helping GSA continue to drive innovation and collaboration across the global semiconductor landscape." "We are excited to welcome Bill Brennan to the GSA Board of Directors," said Jodi Shelton, CEO of GSA. "His expertise in high-speed connectivity solutions and deep understanding of emerging technology trends will be invaluable as we continue to support the growth and success of the global semiconductor ecosystem." About Credo Credo's mission is to advance high-speed connectivity solutions that deliver optimized performance, reliability, energy efficiency, and security for the next generation of AI driven applications, cloud computing, and hyperscale networks. Optimized for both optical and electrical applications, our solutions support port speeds up to 1.6Tb. At the core of our technology is our proprietary Serializer/Deserializer (SerDes) IP. Our diverse solutions portfolio includes system-level products such as Active Electrical Cables (AECs), a range of Integrated Circuits, including Retimers, Optical DSPs, SerDes chipsets, and SerDes IP Licensing. For more information, please visit Follow Credo on LinkedIn. Credo and the Credo logo are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners. View source version on Contacts Media Contact: Diane Investor Contact: Dan O' Sign in to access your portfolio
Globe and Mail
13 hours ago
- Business
- Globe and Mail
Credo Chairman, President and CEO Bill Brennan Joins Global Semiconductor Alliance Board of Directors
Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO) an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency, is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. This press release features multimedia. View the full release here: Credo is pleased to announce that its Chairman, President and CEO, Bill Brennan, has been elected to the Board of Directors of the Global Semiconductor Alliance (GSA), the leading industry organization uniting the worldwide semiconductor industry. As a GSA Board Member, Mr. Brennan will collaborate with industry leaders to drive innovation, address key challenges, and strengthen the semiconductor ecosystem. GSA plays a critical role as a global voice for the industry, offering leadership, fostering meaningful collaboration, and promoting entrepreneurial growth across the semiconductor value chain. 'It's an honor to join GSA's Board of Directors and work alongside distinguished leaders shaping the future of our industry,' said Bill Brennan, President and CEO of Credo. 'Credo is committed to advancing energy-efficient and highly-reliable connectivity solutions critical to the next generation of cloud computing, AI, and hyperscale networks. I look forward to contributing Credo's perspective and helping GSA continue to drive innovation and collaboration across the global semiconductor landscape.' 'We are excited to welcome Bill Brennan to the GSA Board of Directors,' said Jodi Shelton, CEO of GSA. 'His expertise in high-speed connectivity solutions and deep understanding of emerging technology trends will be invaluable as we continue to support the growth and success of the global semiconductor ecosystem.' About Credo Credo's mission is to advance high-speed connectivity solutions that deliver optimized performance, reliability, energy efficiency, and security for the next generation of AI driven applications, cloud computing, and hyperscale networks. Optimized for both optical and electrical applications, our solutions support port speeds up to 1.6Tb. At the core of our technology is our proprietary Serializer/Deserializer (SerDes) IP. Our diverse solutions portfolio includes system-level products such as Active Electrical Cables (AECs), a range of Integrated Circuits, including Retimers, Optical DSPs, SerDes chipsets, and SerDes IP Licensing. For more information, please visit Follow Credo on LinkedIn. Credo and the Credo logo are registered trademarks of Credo Technology Group Limited in the United States and other jurisdictions. All other trademarks referenced herein are the property of their respective owners.
Globe and Mail
a day ago
- Business
- Globe and Mail
Credo Bets Big on AEC Business: Will It Deliver Sustainable Growth?
Credo Technology Group Holding Ltd CRDO is placing a strategic bet on its Active Electrical Cable ('AEC') product line. AEC business delivered double-digit sequential growth in the fiscal fourth quarter of 2025. Importantly, three hyperscalers each contributed more than 10% of quarterly revenues, underscoring the increasing market for Credo's solutions. The growth is driven by its increasing adoption in the data center market. CRDO highlighted that AECs are fast becoming the 'de-facto standard for intra-rack applications.' The demand is increasing as ZeroFlap AECs offer more than 100 times improved reliability than laser-based optical solutions. It offers improved signal integrity compared with traditional direct attached cables ('DACs'). This made AECs an increasingly attractive option for data center applications, contributing to the new expansion of AEC usage and further solidifying Credo's position in the market. Moreover, Credo's system-level approach is giving it a competitive edge. It owns the entire stack of SerDes IP, Retimer ICs, system-level design, qualification and production. This integrated approach allows faster innovation cycles and strong cost efficiency. With demonstration of PCIe Gen6 AECs for scale-up AI networks, strong customer growth and increasing hyperscaler interest, this product line is expected to remain a growth engine going ahead and drive overall revenues. Apart from AEC, CRDO stands to gain from its Optical DSP and retimer product lines. For fiscal 2026, Credo anticipates revenues to surpass $800 million, implying more than 85% year-over-year growth. Catalysts Driving Top Line for Competitors CRDO's main competitors are Broadcom AVGO and Marvell Technology MRVL. Broadcom is a leading player in the semiconductor market. AVGO is gaining from strong AI momentum as it witnessed increasing demand for networking and custom AI chips. It reported 20% revenue growth in the last quarter, driven by strength in AI semiconductors and the momentum in VMware. AI semiconductor revenues of over $4.4 billion jumped 46% year over year, with AI networking improving more than 170%. Broadcom projects AI semiconductor revenues to reach $5.1 billion in the third quarter of fiscal 2025, up nearly 60% year over year and representing the 10th consecutive quarter of AI growth. Heavy demand for Broadcom's Ethernet-based networking portfolio, which includes Tomahawk switches, Jericho routers and NICs bodes well. Marvell Technology's top-line performance continues to be driven by a strong demand environment across the data center end market. Higher demand for AI-driven custom silicon and strong shipments of electro-optics products for AI and cloud applications are driving data-center revenues. The segment accounted for 76% of the quarter's total revenues in the last reported quarter. Ongoing recovery in carrier infrastructure and enterprise networking end markets is another catalyst. MRVL expects revenues to be $2 billion (+/- 5%) for the second quarter of fiscal 2026, indicating growth of 57% year over year at midpoint. It expects data-center revenues to increase in the mid-single-digit range sequentially and maintain strong year-over-year growth. CRDO Price Performance, Valuation and Estimates Shares of CRDO have gained 28.7% over the past month compared with the Electronics-Semiconductors industry's growth of 9.9%. In terms of the forward 12-month price/sales ratio, CRDO is trading at 20.75, higher than the Electronic-Semiconductors sector's multiple of 8.75. The Zacks Consensus Estimate for CRDO earnings for fiscal 2026 has seen a significant upward revision over the past 60 days. CRDO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marvell Technology, Inc. (MRVL): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Credo Technology Group Holding Ltd. (CRDO): Free Stock Analysis Report
The Irish Sun
4 days ago
- Entertainment
- The Irish Sun
80s rocker puts incredible countryside pad up for sale for £750k after quitting music for farming – can you guess who?
A FAMOUS 80s rocker has put his incredible countryside pad up for sale for £750k. The famous Scottish star, now 67, is selling up after quitting music for farming - but can you guess who owns this house? 9 A much-loved 80s rocker has put his countryside pad up for sale for £750k Credit: Coulters, Edinburgh & The Lothians 9 Set across one floor, this home has seen many rock stars come and go Credit: Coulters, Edinburgh & The Lothians 9 This rocker's home comes with it;s own recording studio - but can you guess who owns it? Credit: Coulters, Edinburgh & The Lothians 9 Did you guess the house belonged to Derek Dick? Credit: Getty The rocker is question is Scottish star Derek Dick. The former lead singer of rock band Marillion has relocated to a remote area in the Outer Hebrides, so he is selling his East Lothian cottage, which is called "The Studio". Best known for his stage name Fish, the singer has filled stadiums and sold thousands of records around the world, but now opts for a more quiet life. Derek has been living at the property, located in Spittalrig, near Haddington, since 1988. Read more on star homes He is selling the home, after buying a croft in the Outer Hebrides last year with wife Simone, where he has turned his attention to farming. The impressive property - which is a converted four-bedroom farm cottage - is open plan, and is set across a single floor, and nestled in an acre of land. With high vaulted ceilings, exposed stone walls and even a wood-burning stove, the home is perfect for entertaining. The house holds a huge amount of memories for Derek, who has made a lot of music in the property's fully sound-proofed recording studio. Most read in Celebrity Many of Marillion's tracks were produced there, and huge acts like Radiohead and PJ Harvey have also recorded in the studio. Derek previously revealed how he was "sad" to leave the property, where he recorded his last album. Fish - Credo (Official Music Video) However, he added looking forward to his new life as a crofter in the north. Derek told Scotland on Sunday in 2024: " 'I recorded all 11 of my solo albums since Vigil here, the last being my designated final album Weltschmerz in 2020. 'There are a lot of incredible memories from my time here. "The dramas, the craziness,the laughter and the tears that filled this building over the years – it's saturated with great energies." 9 The cosy home comes with four bedrooms Credit: Coulters, Edinburgh & The Lothians 9 Fish has lived in the home since the 80s and recorded all his music there Credit: Coulters, Edinburgh & The Lothians 9 The impressive home is located in East Lothian Credit: Coulters, Edinburgh & The Lothians 9 The property also has its own home gym which overlooks the stunning scenery Credit: Coulters, Edinburgh & The Lothians FINDING FAME Dereck AKA Fish shot to fame at the lead singer of Marillion. The band's first album, Script for a Jester's Tear, was released over 40 years ago in 1983. He was the band's singer and lyricist for seven years and racked up 11 top 40 singles, including their biggest hit Kayleigh. After leaving the group in 1990 he went solo and had huge success. However, in 2020, revealed 9 Dick AKA Fish is best known is best known for the Scottish band Marillion Credit: Alamy
Scottish Sun
4 days ago
- Entertainment
- Scottish Sun
80s rocker puts incredible countryside pad up for sale for £750k after quitting music for farming – can you guess who?
The rocker revealed that he had written a lot his music in this house THROUGH THE KEYHOLE 80s rocker puts incredible countryside pad up for sale for £750k after quitting music for farming – can you guess who? Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A FAMOUS 80s rocker has put his incredible countryside pad up for sale for £750k. The famous Scottish star, now 67, is selling up after quitting music for farming - but can you guess who owns this house? Sign up for the Entertainment newsletter Sign up 9 A much-loved 80s rocker has put his countryside pad up for sale for £750k Credit: Coulters, Edinburgh & The Lothians 9 Set across one floor, this home has seen many rock stars come and go Credit: Coulters, Edinburgh & The Lothians 9 This rocker's home comes with it;s own recording studio - but can you guess who owns it? Credit: Coulters, Edinburgh & The Lothians 9 Did you guess the house belonged to Derek Dick? Credit: Getty The rocker is question is Scottish star Derek Dick. The former lead singer of rock band Marillion has relocated to a remote area in the Outer Hebrides, so he is selling his East Lothian cottage, which is called "The Studio". Best known for his stage name Fish, the singer has filled stadiums and sold thousands of records around the world, but now opts for a more quiet life. Derek has been living at the property, located in Spittalrig, near Haddington, since 1988. He is selling the home, after buying a croft in the Outer Hebrides last year with wife Simone, where he has turned his attention to farming. The impressive property - which is a converted four-bedroom farm cottage - is open plan, and is set across a single floor, and nestled in an acre of land. With high vaulted ceilings, exposed stone walls and even a wood-burning stove, the home is perfect for entertaining. The house holds a huge amount of memories for Derek, who has made a lot of music in the property's fully sound-proofed recording studio. Many of Marillion's tracks were produced there, and huge acts like Radiohead and PJ Harvey have also recorded in the studio. Derek previously revealed how he was "sad" to leave the property, where he recorded his last album. Fish - Credo (Official Music Video) However, he added looking forward to his new life as a crofter in the north. Derek told Scotland on Sunday in 2024: " 'I recorded all 11 of my solo albums since Vigil here, the last being my designated final album Weltschmerz in 2020. 'There are a lot of incredible memories from my time here. "The dramas, the craziness,the laughter and the tears that filled this building over the years – it's saturated with great energies." 9 The cosy home comes with four bedrooms Credit: Coulters, Edinburgh & The Lothians 9 Fish has lived in the home since the 80s and recorded all his music there Credit: Coulters, Edinburgh & The Lothians 9 The impressive home is located in East Lothian Credit: Coulters, Edinburgh & The Lothians 9 The property also has its own home gym which overlooks the stunning scenery Credit: Coulters, Edinburgh & The Lothians FINDING FAME Dereck AKA Fish shot to fame at the lead singer of Marillion. The band's first album, Script for a Jester's Tear, was released over 40 years ago in 1983. He was the band's singer and lyricist for seven years and racked up 11 top 40 singles, including their biggest hit Kayleigh. After leaving the group in 1990 he went solo and had huge success. However, in 2020, revealed he was retiring from music.
