10 Best Fiber Optics Stocks to Buy for the AI Data Center Boom

7. Credo Technology Group Holding Ltd. (NASDAQ:CRDO)

Number of Hedge Fund Holders: 59

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the Best Fiber Optics Stocks to Buy for the AI Data Center Boom. On June 1, 2026, the company reported fourth-quarter fiscal 2026 revenue of $437.0 million, up 157.0% year over year, and full-year revenue of $1.3 billion, more than triple the prior year. The numbers fit the AI data center angle because management tied the growth to its high-speed connectivity portfolio, which is used to improve cluster stability, GPU utilization, network reliability, and power efficiency.

Credo also guided for first-quarter fiscal 2027 revenue of $465 million to $475 million, implying the ramp was expected to continue beyond the fiscal-year close. The release highlighted high-speed copper and optical interconnect products operating at up to 1.6T, including optical transceivers, retimers, and DSPs for optical and copper Ethernet and PCIe, giving the company direct exposure to the bandwidth needs of large AI infrastructure builds.

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) provides high-speed connectivity solutions for data infrastructure. Its portfolio includes active electrical cables, optical transceivers, retimers, DSPs, and software used in AI, Ethernet, PCIe, and cloud networking applications.

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