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Credo Technology shares rise 4.09% as 1.6T AI transceivers launch

Verifying
  • Credo Technology launched 224G-based ZeroFlap optical transceivers for AI networking.
  • 1.6T transceivers monitor connections in real time and support fiber issue detection.
  • Credo reported $479 million in fiscal 2027 first-quarter revenue, beating estimates.
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