Yahoo · Oct 23, 2026
Credo Soars 7% as Super Micro’s $4 Billion Forecast Hike Signals “Increased Demand for AI Platforms”
Key TakeawaysCredo shares rose 7% this morning, with Lumentum, Coherent, Semtech and Astera Labs also higher, after Super Micro raised its fiscal first-quarter revenue estimate by about $4 billion. Super Micro’s beat is strong evidence that AI server builds are speeding up, and more AI racks mean more demand for Credo’s cables.

