CRDO

Wow, Largan Chairman dropped a nuke and stated MicroLEDs unlikely to become viable for AI DC buildouts As for what's up and coming... Feels like $AMD, $NVDA, and everyone in the industry is clearly going out of their way to procure CW laser supply this year. EML was the market's focus last year with $LITE / $COHR (and still partially is). But future architectures with microleds was something to keep watch for 2028 onwards... Since $CRDO was pretty focused on it with their acqusition of Hyperlume, $AMS Osram was a popular name (working with Credo too), hyperscalers like $MSFT were developing in the space too. Largan is also a $TSM COUPE supply chain player that does FAU like Foci/microlens/passive components, so they're more impartial. But yeah... was a surprise to see Largan Chairman citing concerns over "power consumption, size, and transmission efficiency" for microled commercialization and said it's unlikely to become viable. (source: Digitimes) TLDR: -> MicroLED as a technology unlikely to become viable from Largan Chairman -> If it turns out correct, indirectly positive for lasers like VCSEL, then CW/SiPH since there's some overlap for CPO scale up applications

$LITE showing the ecosystem forming around near-package optics. Open CPX founders include Ciena $CIEN, Coherent $COHR and Marvell $MRVL, alongside Molex, Samtec and TeraHop. Publicly traded contributors shown here include Credo $CRDO Intel $INTC MaxLinear $MXL Applied Optoelectronics $AAOI Astera Labs $ALAB Amphenol $APH Keysight $KEYS TE Connectivity $TEL VIAVI $VIAV Lumentum $LITE NPO reuses the existing pluggable supply chain, making it much easier to scale.

💡 Went Shopping today at Tenet Research $SKHY(double size) $MU $AEHR $ASTS $NBIS $CRDO went too fast All positions green now, if CPI dumps us back have some buffer Hopefully CPI Gods will have mercy and we get back Big Day tmro

$CRDO CEO and I bonded over watches and AEC CAGR He said someone sent him my tweet last night 😂

$SPY $QQQ $SOXL These are the long setups traders banking in community right now Power of Repeatable concepts & Clouds $MU $CRDO $NBIS $INTC $AMD many curls with the market Dn't trade blind, watch when market is moving and use clouds

$CRDO and $AMD just demonstrated OmniConnect Weaver giving AI chips terabytes of cheaper memory using Credo’s technology without needing to change existing software. As agents need more memory and HBM supply stays tight, AI systems can pair fast HBM with cheaper LPDDR for extra capacity giving Credo a new growth opportunity beyond just connecting chips and servers.