Revenue is expected to increase by another 80%! Data center interconnect chip supplier Credo (CRDO.US) is receiving bullish calls from institutional investors, with a target price of up to $300.

The Zhitong Finance APP learned that benefiting from the continuous growth of artificial intelligence infrastructure construction and strong demand for high-speed interconnection products, data center interconnection chip supplier Credo Technology (CRDO.US) handed in a results report far exceeding market expectations. The company's revenue in the fourth quarter of fiscal year 2026 soared by more than 150% year-on-year, while management expects full-year revenue for fiscal year 2027 to increase by about 80% year-on-year.