CRDO Rockets 25%—Credo Tech Defies Market Gravity as Tuesday’s Unstoppable Performer

Wall Street’s latest adrenaline rush comes from an unlikely source—Credo Technology’s stock (CRDO) just ripped through the charts with a 25% single-day surge. No fancy earnings call, no meme-stock hype—just pure, unfiltered market chaos working in someone’s favor for once.

The Numbers Don’t Lie (But Analysts Might)

That 25% leap wasn’t a typo. While crypto traders were busy chasing the next vaporware token, CRDO quietly became the NASDAQ’s problem child—the kind that makes short sellers sweat through their bespoke suits.

Silicon Over Wall Street

Forget ’quiet luxury’—this was a violent, tech-driven breakout that left traditional finance scrambling for narratives. Maybe it’s the AI infrastructure play, maybe it’s hedge funds covering bad bets—either way, the market just crowned a new volatility king.

One stellar day doesn’t fix a broken portfolio—but hey, at least someone’s 401(k) had fun today while the Fed pretends inflation is ’transitory.’ Again.

This puts Credo Technology stock on the must-buy list as the chart indicates it is sustainably scaling up in the indices. An investment of $1,000 in CRDO made last month could have been worth $1,620 today. That’s a massive return in a short period as very few investments can deliver this much returns in a month.

Why Is Credo Technology Stock Rising?

The Q4 earnings of Credo Technology are out today and delivered strong results beating market expectations. The firm demonstrated robust earnings delivering both top-line and bottom-line growth. The firm generated a revenue of $170 million in Q4, which is a 26% rise from its Q3 earnings of $135 million.

The growth came after Credo Technology’s largest customer Amazon’s AWS extended business deals with the firm making its stock surge.said the management during the Q4 earnings call.

The long-term potential for CRDO remains bullish as it has surged more than 600% in three years. CRDO made its debut in the NASDAQ index in 2022 for an initial price of $11. Credo Technology stock is now at $78 after reaching an all-time high of $80 early this year. Accumulating CRDO below the $100 mark and holding on for the next five to 10 years could deliver major returns.