On September 21, Credo Technology Group Holding Ltd rose 5.57% in regular trading, trading at $185.81/share, with turnover of $386 million.

On the news front, the optical communication sector continued to rally broadly as GPU cloud service provider Nebius recently announced average price hikes of approximately 20% across multiple chip models including H100, H200, B200, and B300 — marking its second round of increases since May. The market interpreted this as a strong signal that AI computing demand remains overheated while supply stays tight. As a leading supplier of high-speed copper cable and optical interconnect products, Credo Technology is a direct beneficiary of this structural trend.

Additional catalysts have further reinforced sector momentum. Goldman Sachs, after visiting 15 Chinese optical communication companies, significantly raised its 800G-and-above optical module demand forecasts for the next two years by 39% and 36%, respectively. Industry analysts note that as scale-up architectures expand from single-rack to multi-rack configurations, optical interconnect is poised to accelerate into inter-cabinet scenarios, with advanced-process DSPs potentially becoming the most supply-constrained component — a dynamic that supports Credo's product value proposition.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)