Bank of America double upgrades AI derivative play, sees shares jumping 60%

By CNBC   |   1 year ago
Bank of America double upgrades AI derivative play, sees shares jumping 60%

Credo Technology, known for high-speed connectivity cables, is expected to benefit from the growing market for artificial intelligence equipment. Bank of America upgraded Credo's stock, anticipating a 67% upside with strong financial performance and future revenue growth in the AI sector.

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