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AMZN
Benzinga
167 days

Analysts Highlight Credo Hyperscaler Partnerships With Amazon, Microsoft, xAI Amid AI Boom

1. Credo Technology beat earnings estimates with a significant revenue increase. 2. Amazon accounted for 86% of Credo's revenue in Q3 2025, a 388% increase. 3. Analysts revised shipment estimates for AMZN, reflecting strong growth. 4. Credo expects Amazon's fourth-quarter revenue to align closely with prior numbers. 5. More diversification in customer revenue anticipated going forward.

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FAQ

Why Bullish?

Credo's reliance on Amazon shows strong demand, implying AMZN's growth. Historical performance shows similar scenarios led to stock price increases for Amazon.

How important is it?

The article discusses growth driven by AMZN which can affect stock performance directly. As AMZN's revenue contributes significantly to known partners like Credo, this illustrates broader impact potential.

Why Long Term?

Though immediate impacts are noted, sustained growth relies on future diversification. Long-term contracts with hyperscalers like AMZN boost AMZN’s revenue potential into fiscal years 2026 and beyond.

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