1.3 billion US dollars to bet on the future of AI optical interconnection! Credo heavily acquires DustPhotonics, the pioneer of silicon photons in Israel, to build a full-stack optical connection empire.
On April 13, Eastern Time, Credo Technology (CRDO), the leader of Nasdaq’s high-speed interconnection chip, announced that it had signed a final acquisition agreement with DustPhotonics, an Israeli silicon photonic technology company, with a total consideration of more than 1.304 billion US dollars ( About 9.1 billion yuan) to acquire DustPhotonics Company. After the news was announced, Credo’s stock price rose by 12.35% to $134.36 on the same […]














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