Credo Technology (NASDAQ: CRDO) has seen massive gains since its IPO, trading at about $177 from its initial $10 per share offering. Specializing in high-speed connectivity solutions for data centers, Credo’s growth is driven by direct exposure to the AI market. In fiscal 2025, it generated 94% of revenue from product sales. Revenue surged 273% in the first half of fiscal 2026, with analysts expecting a 173% revenue surge for the full year. Despite a high forward PE ratio, Credo’s stock may be worth considering for investors betting on continued AI market expansion.

Read more at Nasdaq: Credo Technology Stock Is Soaring. Is This a Top AI Play for 2026?