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SAN JOSE, Calif. - Credo Technology Group Holding Ltd (NASDAQ:CRDO) announced the appointment of Brian Kelleher to its Board of Directors as an Independent Director effective October 27, 2025. The company also reported that Lip-Bu Tan resigned from the Board on October 23, 2025. The connectivity solutions provider has been on a remarkable trajectory, delivering a 327% return over the past year and maintaining an "GREAT" financial health score according to InvestingPro data.
Kelleher brings extensive experience in chip design and artificial intelligence systems to Credo. He previously served as Senior Vice President of GPU Engineering at NVIDIA from 2005 to 2024, where he led the GPU product development organization and helped advance general-purpose GPU computing.
"This is truly a pivotal time for the industry as high-speed connectivity takes center stage with interconnects becoming significant technologies in enabling AI networks to scale," Kelleher said in the press release.
Prior to his 24-year tenure at NVIDIA, Kelleher was Vice President of Hardware Engineering at 3dfx Interactive and founder of Dynamic Pictures, where he held various leadership positions. He also led graphics design for the MIPS-based development team at Digital Equipment Corp. in Palo Alto.
Kelleher currently serves on the advisory boards for Caspia Technologies and Snowcap Compute. He holds a bachelor’s degree in computer science from Brown University.
Credo, which provides high-speed connectivity solutions focused on improved reliability and energy efficiency, stated in the announcement that Kelleher’s expertise will support the company’s development of next-generation connectivity solutions for AI applications.
The information in this article is based on a company press release statement.
In other recent news, Credo Technology Group Holding Ltd announced its acquisition of Hyperlume, Inc., a developer of MicroLED-based optical interconnect technology for chip-to-chip communication. The acquisition, valued at approximately $40-50 million, was financed through a mix of shares and cash. Following this development, Stifel raised its price target for Credo Technology to $160, maintaining a Buy rating. Additionally, Credo Technology recently launched its ZeroFlap optical transceiver product line, which supports network speeds of 400G, 800G, and 1.6T, with Stifel reiterating its Buy rating based on this product innovation.
Credo Technology has also joined the Arm Total Design ecosystem, integrating its high-speed SerDes and mixed-signal DSP IP portfolio into the collaboration. This strategic partnership aims to enhance the development of high-performance, low-power infrastructure for data centers. Furthermore, during its 2025 Annual General Meeting, Credo Technology shareholders elected three Class I directors to serve until the 2028 meeting. The directors elected were William J. Brennan, Yat Tung Lam, and Chi Fung Cheng. These recent developments reflect Credo Technology’s ongoing strategic initiatives and collaborations in the tech industry.
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