AIBullishBlockonomi · 4h ago6/10
🧠
Credo Technology (CRDO) Stock: Wall Street Backs $750M DustPhotonics Acquisition
Credo Technology (CRDO) has closed its $750 million acquisition of DustPhotonics, gaining analyst support with three firms rating the stock as a Buy and price targets reaching $250. The deal combines Credo's high-speed connectivity solutions with DustPhotonics' photonic technology, positioning the merged entity for growth in data center and AI infrastructure markets.