🔴 Credo Technology Group is trading 11.74% down today as Intel’s weaker-than-expected outlook weighs on chip stocks

Credo Technology Group is trading 11.74% down now at $146.67, with broader semiconductor selling adding pressure.

• Credo fell 4.84% on October 29; no new company-specific announcement was identified in the supplied news context.
• October 30 reporting linked the sector-wide selloff to Intel’s weaker-than-expected outlook and concerns about returns on AI infrastructure spending. Credo’s move fits broader chip-stock weakness, rather than a confirmed company-specific catalyst.