🔴 Credo Technology Group is trading 5.17% down in pre-market amid AI spending-return concerns

Credo Technology Group is trading 5.17% down at $154.35 in pre-market amid semiconductor-sector pressure linked to concerns about AI spending returns and Lam Research’s supply-chain-constrained outlook.

• No clear company-specific announcement explaining the move was identified.
• Semiconductor peers also sold off, supporting a sector-driven explanation.
• Previous close was $162.77; external quotes conflict with the provided pre-market price and percentage context.