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2026-10-23 20:20:22 - Translate -

Credo (CRDO) falls for a second day as MaxLinear (MXL) targets up to 30% of 1.6T cable chips

MaxLinear Inc. (MXL) put Credo Technology Group Holding Ltd's (CRDO) share of active electrical cables at up to 99% and set a 20% to 30% goal at 1.6T, while a research firm questioned how soon those cables ship. Credo Technology Group Holding Ltd (CRDO) shares fell 7.5% on Friday, October 23, according to Investing.com, a second day of losses that MoneyCheck also reported. The selling followed...

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