Credo Technology Group Holding Ltd (NASDAQ:CRDO) hits an all-time high as ex-Nvidia executive Brian Kelleher joins the board, aiding in expansion into chip and AI systems. Stock soared to $193.5 before closing at $187.6, up 12.6%. Kelleher’s expertise in semiconductors and AI deemed valuable for advancing high-speed connectivity solutions.

Kelleher’s background includes senior VP of GPU Engineering at Nvidia Corp., leading GPU product development and advancing general-purpose GPU computing. While CRDO shows investment potential, other AI stocks may offer higher returns with less downside risk. For a cheap AI stock with potential benefits from Trump tariffs, check out the best short-term AI stock report.

Read more at Yahoo Finance: Credo Technology (CRDO) Hits All-Time High as Ex-Nvidia Exec Joins Board