Watch Desk posted an update
Credo Technology says two customers generated 61% of its latest-quarter revenue, a concentration that makes the AI connectivity-chip supplier vulnerable if either cuts orders.
Why it mattersCredo sells cables, optics and chips used to move data around AI clusters.
Discuss: Should investors treat heavy reliance on a few hyperscalers as an acceptable cost of supplying a fast-growing market, or a warning sign that growth could turn quickly?
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