CRDO
Deal’s done
Credo says the DustPhotonics acquisition is officially complete. That’s the whole headline, but the subtext is the part investors care about: Credo is still trying to build out its product stack around the fast-growing AI data center boom.
Why you should care
Think of it like this: if AI is the blockbuster, high-speed connectivity is the backstage crew making sure the show doesn’t fall apart. Credo has been pushing deeper into that world, and buying DustPhotonics could give it more tools, more know-how, or just more leverage with customers who want their data centers moving at ludicrous speed.
The investor angle
A completed acquisition is the easy part. The real test is whether Credo can turn this into:
- better products customers actually want
- more revenue per AI deployment
- smoother integration without the usual M&A circus
If the deal helps Credo widen its moat, great. If it turns into a pricey science project, not so great.
Big picture: in AI infrastructure, the winners are often the companies selling the picks and shovels, not just the shiny chips. Credo is clearly betting that more plumbing means more power.