Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Credo Technology Group's shares rose sharply on Tuesday after the provider of high-performance connectivity solutions for AI data centers made a game-changing acquisition. A smart buy Credo struck a deal to acquire DustPhotonics, a leading developer of microchips that use optical components to transmit data via light rather than electricity. DustPhotonics integrates multiple optical functions onto a single chip, thereby improving manufacturing yields, increasing reliability, and reducing costs. "Combining forces with DustPhotonics marks a defining step in Credo's strategy to lead across the full spectrum of AI connectivity," Credo CEO William Brennan said in a press release. "We've built a strong position in high-speed electrical solutions, and this move decisively expands that leadership into silicon photonics." Under the terms of the agreement, Credo would purchase DustPhotonics for $750 million in cash and 0.92 million shares of its stock, plus an additional 3.21 million shares if certain financial milestones are achieved. The deal is projected to close in the second quarter, subject to regulatory approvals. Credo expects the acquisition to add to its adjusted earnings per share beginning in fiscal 2027. Establishing a beachhead in a booming market. Acquiring DustPhotonics would strengthen Credo's position within the rapidly expanding global optical industry. DustPhotonics is a leader in a segment of this market that will approach $6 billion by 2030, according to research firm LightCounting. For its part, Credo sees its optical revenue growing to more than $500 million in fiscal 2027.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…