🟢 Credo Technology Group is trading 10% up in pre-market amid a broad semiconductor rebound

Credo Technology Group is trading at $123.72, up 10.14%, as semiconductor shares broadly rebound after the prior session’s sharp selloff.

• Sector context showed SOXX up 4.48% pre-market.
• Recent reporting tied the selloff to concerns about tighter AI regulation and slower data-center expansion, rather than a Credo-specific announcement.
• No clear company-specific catalyst was found in available reporting; investors were also watching the October payrolls report.