Preface

We caught up with Dan O’Neil, VP of Investor Relations for Credo Semiconductor (CRDO US EQUITY) to talk about the current state and future of the silicon interconnect industry. We discussed a wide range of topics from the industry’s foray into 200G/lane, the sensitivities of end-use clients and Credo’s competitive advantages that have driven the stock to all time highs. CRDO has been one of the top performers in our CitriniResearch Global AI Beneficiaries selections, nearly tripling since we first mentioned it in our inaugural article for clients on May 30th 2024. 

One of the key takeaways from the discussion was color on CRDO’s ability to deliver power-efficient SerDes solutions at lower prices or with much lower power consumption compared to their competitors. This positions Credo well to address the increasing need for high-speed interconnects in power-constrained environments, such as inference and edge AI applications.

As the industry moves towards higher lane rates and more advanced AI capabilities in consumer devices, Credo Semiconductor appears poised to capitalize on these trends. With their focus on winning designs that will be deployed beyond the next 12 months and their expertise in delivering high-performance interconnects within power and cost requirements, we remain bullish on CRDO’s outlook. 

As Apple's foray into edge AI with Apple Intelligence demonstrates, the demand for faster and more efficient interconnects is set to explode, and Credo is well-positioned to ride this wave of growth.​​​​​​​​​​​​​​​​

If you’d like to revisit any of the key concepts discussed, you can review our piece “Interconnects 101” here:

Additionally, you can view our most recent upgrade on CRDO here in the highlights from our June 2nd Anniversary Post.