Credo designs high-speed connectivity chips and cables for AI data centers. The company’s products connect servers, GPUs, and switches to support data traffic for AI training and inference workloads. Its core offering, Active Electrical Cables (AECs) sold under the ZeroFlap brand, provides reliable, low-power copper links for short distances inside and between server racks. Credo also develops optical digital signal processors (DSPs) used in optical transceivers and is expanding into system-level transceivers and silicon photonics. The company differentiates itself by using older, lower-cost semiconductor manufacturing nodes to achieve competitive performance, which reduces die sizes and costs. Credo operates a fabless business model, using partners like TSMC for fabrication while selling primarily to large U.S. cloud providers, often called hyperscalers. The company also serves emerging AI cloud infrastructure operators and hardware manufacturers. Credo’s strategy involves deepening its presence at major cloud customers and expanding its product portfolio to cover longer-reach connectivity and memory bottlenecks. A key part of its value proposition is a vertically integrated stack that includes proprietary SerDes technology, firmware, and diagnostic software designed to prevent network connection drops in large-scale GPU clusters.