Credo Technology Group (CRDO) Q2 FY26 earnings call

Credo Technology Group reported record Q2 FY26 results, driven by strong demand for its AEC products from hyperscalers building AI clusters. The company also unveiled three new growth pillars—Zero Flap optics, ALCs, and OmniConnect gearboxes—significantly expanding its total addressable market. While forecasting continued strong revenue growth, management anticipates a sequential increase in operating expenses and a slight moderation in gross margins for Q3.