$500 purple cables put this little-known company in the middle of the AI boom

1. Credo's stock surged 245% in 2024, hitting a market cap of $25 billion. 2. Amazon is investing heavily in AI data centers, impacting suppliers like Credo. 3. Analysts predict rapid growth for Allegro's Active Electrical Cables through 2028. 4. Credo's revenue doubled in fiscal 2025, reflecting the AI infrastructure boom. 5. Concerns persist over potential pullbacks in AI spending from major cloud providers.