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Credo Technology Group: What’s Next in 200G Interfaces—& How Credo Could Position for Gen 6/Gen 7 Upgrades!

Credo Technology Group (CRDO) recently reported its financial results for the second quarter of fiscal 2026, achieving record revenue of $268 million, marking a 20% sequential increase and a remarkable 272% year-over-year growth. The company’s non-GAAP gross margin stood at 67.7%, while non-GAAP net income was approximately $128 million. These figures highlight substantial expansion within the company, driven by the continued build-out of AI training and inference clusters. One of the primary drivers of this growth has been the active electrical cables (AEC) product line, representing the fastest-growing segment for Credo Technology Group. This line saw strong revenue growth, significantly contributed by four hyperscale customers, each accounting for more than 10% of the total revenue in the quarter. However, despite this growth, the company faces challenges with potential supply constraints, particularly concerning wafer foundry capacities as the market rapidly expands.