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The historic surge in chip stocks highlight's -2-

Provided by Dow Jones Apr 17, 2026, 5:20:00 PM

Earlier this week, Credo Technology's stock (CRDO) soared after the company announced its acquisition of optical transceiver technology leader DustPhotonics, which was seen as positioning the company to capture more share in the growing optical market.

Don't miss: Credo's stock surges. Here's why its new acquisition 'makes perfect sense.'

Despite a pullback over the past few sessions, the stock was still up 64.9% this month. That would be its best month since the record 65.5% rally in May 2023.

-Britney Nguyen -Philip van Doorn

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04-17-26 1320ET

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