Stock Track | Credo Technology Soars 6.79% in Pre-market Amid Chip Sector Rally Following Broadcom's Strong Forecast

Stock Track03-05

Credo Technology Group Holding Ltd's stock soared 6.79% in pre-market trading, as the semiconductor company benefited from a broader rally in chip shares.

The surge appears to be part of a sector-wide movement, with chip and storage peers including Broadcom, Marvell, SanDisk, Western Digital, and Micron also posting gains. The rally was likely triggered by chip designer Broadcom forecasting second-quarter revenue above Wall Street estimates, signaling strong demand for advanced chips used in data centers powering artificial intelligence applications.

Broadcom also announced a new share repurchase program of up to $10 billion through the end of the year, further boosting investor sentiment across the semiconductor sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1137625828?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-05 17:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1137625828","market":"sg","top_or_hot":-1,"title":"Stock Track | Credo Technology Soars 6.79% in Pre-market Amid Chip Sector Rally Following Broadcom's Strong Forecast","media":"Stock Track","content":"<p>Credo Technology Group Holding Ltd's stock soared 6.79% in pre-market trading, as the semiconductor company benefited from a broader rally in chip shares.</p><p>The surge appears to be part of a sector-wide movement, with chip and storage peers including Broadcom, Marvell, SanDisk, Western Digital, and Micron also posting gains. The rally was likely triggered by chip designer Broadcom forecasting second-quarter revenue above Wall Street estimates, signaling strong demand for advanced chips used in data centers powering artificial intelligence applications.</p><p>Broadcom also announced a new share repurchase program of up to $10 billion through the end of the year, further boosting investor sentiment across the semiconductor sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Credo Technology Soars 6.79% in Pre-market Amid Chip Sector Rally Following Broadcom's Strong Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Credo Technology Soars 6.79% in Pre-market Amid Chip Sector Rally Following Broadcom's Strong Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-03-05 17:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Credo Technology Group Holding Ltd's stock soared 6.79% in pre-market trading, as the semiconductor company benefited from a broader rally in chip shares.</p><p>The surge appears to be part of a sector-wide movement, with chip and storage peers including Broadcom, Marvell, SanDisk, Western Digital, and Micron also posting gains. The rally was likely triggered by chip designer Broadcom forecasting second-quarter revenue above Wall Street estimates, signaling strong demand for advanced chips used in data centers powering artificial intelligence applications.</p><p>Broadcom also announced a new share repurchase program of up to $10 billion through the end of the year, further boosting investor sentiment across the semiconductor sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRDO","symbol_name":"Credo Technology Group Holding Ltd","start_time":0,"source_url":"","article_id":"1137625828","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1137625828","pubTimestamp":1772701653,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Credo Technology Group Holding Ltd's stock soared 6.79% in pre-market trading, as the semiconductor company benefited from a broader rally in chip shares.The surge appears to be part of a sector-wide...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRDO":"Credo Technology Group Holding Ltd"},"translate_title":"个股追踪|博通强劲预测后芯片板块上涨Credo Technology盘前飙升6.79%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRDO":1},"content_text":"Credo Technology Group Holding Ltd's stock soared 6.79% in pre-market trading, as the semiconductor company benefited from a broader rally in chip shares.The surge appears to be part of a sector-wide movement, with chip and storage peers including Broadcom, Marvell, SanDisk, Western Digital, and Micron also posting gains. The rally was likely triggered by chip designer Broadcom forecasting second-quarter revenue above Wall Street estimates, signaling strong demand for advanced chips used in data centers powering artificial intelligence applications.Broadcom also announced a new share repurchase program of up to $10 billion through the end of the year, further boosting investor sentiment across the semiconductor sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1137625828","isCrawlerRequest":true}