We came across a bullish thesis on Credo Technology Group Holding Ltd on Nikhs Substack. In this article, we will summarize the bulls’ thesis on CRDO. Credo Technology Group Holding Ltd’s share was trading at $138.83 as of October 10th. CRDO’s trailing and forward P/E were 207.82 and 81.30 respectively according to Yahoo Finance. ‘
Photo by JESHOOTS.COM on Unsplash
Credo Technology is rapidly evolving from a hardware-focused cable and chip supplier into a critical operational...
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
Do the math. According to Musk, this technology could be worth $250 trillion by 2040.
Put another way, that’s roughly equal to:
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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.
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