Brown Capital Management has added Credo Technology Group Holding Ltd (NASDAQ: CRDO) to its Small Company Fund, citing the company’s positioning at the center of AI infrastructure buildout as a primary catalyst.
Credo’s numbers back up the enthusiasm. The company reported Q3 FY2026 revenue of $407 million, representing a 51.9% increase quarter-over-quarter.
What Credo actually does, and why it matters now
Credo specializes in high-speed connectivity solutions, the physical layer of infrastructure that lets data move between chips, servers, and racks inside massive AI data centers. The company’s total addressable market has tripled over the past 18 months, now exceeding $10 billion. That expansion tracks directly with the scaling ambitions of hyperscaler customers, the Microsofts, Googles, and Amazons of the world, who are pouring capital into AI training and inference infrastructure.
Credo acquired DustPhotonics in late May 2026 to bolster its capabilities in silicon photonics, a technology increasingly critical for next-generation optical products used in data center interconnects. Silicon photonics uses light instead of electrical signals to move data, offering higher bandwidth and lower power consumption at scale.
