Credo (CRDO) Expands AI Connectivity Through Hyperlume Acquisition

Credo Technology Group Holding Ltd (NASDAQ:CRDO) is one of the best smart city stocks. Credo disclosed on September 29 that it has wrapped up its acquisition of Hyperlume, a privately held microLED optical interconnect technology company for chip-to-chip communication.

The transaction is meant to expand Credo’s high-speed connectivity solutions with Hyperlume’s miniature LED technology, catering to the rising bandwidth demands of AI-based data infrastructure.

MicroLEDs are gaining ground as a solution for data center interconnects, since they provide fast, power-efficient, and low-latency data flow for scaling AI systems. Hyperlume employs ultra-fast microLEDs and low-energy circuits to address the bandwidth challenges of traditional electronic connections.

Credo CEO Bill Brennan highlighted that MicroLED tech helps the company provide quicker, more stable, and energy-saving solutions for AI systems, while Hyperlume CEO Mohsen Asad mentioned that it could improve computing efficiency and sustainability as AI continues to expand. It is important to note that the acquisition’s price was not revealed.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) develops and delivers advanced high-speed connectivity solutions, catering to hyperscalers, original equipment and design manufacturers, optical module producers, and enterprise and high-performance computing markets.

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