By Anushka Dutta
Publication Date: 2026-03-09 15:34:00
Popular semiconductor and infrastructure software solutions provider Broadcom (AVGO) reported its first-quarter results for fiscal 2026 recently, and investors are rewarding a lesser-known stock based on a revelation in the earnings call. Specifically, Broadcom weighed in on the benefits of copper-based interconnects over co-packaged optics.
Broadcom CEO Hock Tan stated that if companies are building large language models (LLMs) and designing their own AI data centers, they need increasingly larger domains or clusters to connect XPUs directly whenever possible. Tan added that direct attach copper is the best way to achieve this.
Shares of active electrical cable (AEC) maker Credo Technology (CRDO) jumped on the news, gaining nearly 12% intraday on March 5. CRDO stock shrugged off fears that businesses would switch to optical connectivity, as Broadcom showed confidence in copper.
With that said, let’s look into Credo a bit more deeply.
Credo Technology…
