$CRDO Drops as $MXL Targets Credo’s 1.6T AEC Market Shares of Credo Technology ($CRDO) came under pressure amid growing competition from MaxLinear ($MXL) in the active electrical cable (AEC) market, which connects high-speed data-center equipment. Key Highlights: $CRDO: According to MaxLinear’s estimates, Credo currently controls around 93%–99% of the 1.6T AEC market. $MXL: MaxLinear is targeting a 20%–30% share by supplying silicon chips used inside AEC cables, rather than manufacturing the complete cables. Market outlook: Edgewater Research expects limited near-term adoption of 1.6T AEC technology, potentially slowing the pace of market expansion. Why It Matters: Credo’s high market share makes it vulnerable to competitive pressure if MaxLinear wins design contracts and gains customer adoption. However, MaxLinear’s market-share target is an ambition, not a confirmed result, and its entry does not automatically mean Credo will lose existing business. Bottom Line: The near-term impact may be more about competitive pressure and investor concerns than an immediate collapse in Credo’s business. MaxLinear is progressing through customer qualification for its 1.6T products, with revenue expected to begin in 2027, while Credo is expanding its own optical-connectivity portfolio. <Cite refs={["turn594406search0","turn594406search10","turn594406search1"]}/> #CRDO #MXL #AIInfrastructure #DataCenters #Semiconductors #StockMarketNews