There's a 9% drop in front of Credo

On 2 September, Pre-Credo (CRDO.US) stock prices dropped sharply by over 9 per cent to US$ 187.38. According to the information received, Credo published the fourth quarter of the financial year 2026 as at 2 May 2026, which showed a profit of $437 million, an increase of 157 per cent over the same period, and the analyst expected $432.5 million; the net profit per share of non-GAAP was $1.16 and the analyst expected $1. In the next quarter, the guidance battalion received between $465 million and $475 million, which is higher than the analyst expected of $460.5 million. Strong performance and positive outlook guidance indicates that Credo has continued to benefit from the rapid expansion of AI infrastructure and that its scalding deployment needs for high-speed copper cables and light-connected products have not shown signs of slowing。