Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the fastest-growing semiconductor stocks to buy. On November 24, 2025, Credo said it reached a license agreement with The Siemon Company covering Credo’s patents for active electrical cable (AEC) technology; the parties issued a joint statement and said terms are confidential.
While the release doesn’t spell out strategic rationale beyond the joint announcement, Credo consistently positions AECs and its broader high-speed connectivity portfolio as aimed at easing bandwidth bottlenecks with better energy efficiency and reliability across fast-growing Ethernet port speeds (100G, 200G, 400G, 800G, and emerging 1.6T). In that context, licensing AEC patents to a long-standing data-center connectivity brand like Siemon aligns with Credo’s stated mission to enable next-gen, AI-driven networks with scalable, power-aware solutions.
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While the announcement provides the date, scope (AEC patents), counterpart (The Siemon Company), and the confidentiality of the terms, it didn’t offer any details on revenue contribution, timelines, or exclusivity.
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) develops secure, high-speed connectivity solutions spanning integrated circuits for optical and line-card markets, HiWire® Active Electrical Cables, and SerDes chiplets, with IP offerings centered on SerDes. The company says its innovations target AI, cloud, and hyperscale networks by improving power, security, and reliability.
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