CRDO is trading 5% up at $192.15 as it extends a strong multi-day rally following its strategic AI factory partnership with Rebellions.
- The collaboration involves integrating Credo's ZeroFlap active electrical cables into the RebelPOD AI infrastructure.
- Shares continue to benefit from broader enthusiasm for AI networking and semiconductor strength, outperforming a slightly lower Nasdaq.
- The stock maintains significant momentum after recording gains of 8.28% on May 20 and 8.14% on May 19.