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Credo Technology Group Holding (CRDO) has contributed to the delivery of two new Open Compute Project optical telemetry standards, created with Oracle and industry partners. These standards aim to support more reliable AI data center networks by enabling richer link monitoring. For investors watching Credo Technology Group Holding, the approval of these Open Compute Project standards lands after a sharp reset in sentiment. The share price has risen 7.3% over the last day but is still down 44.4% over 30 days, and the 1 year total shareholder return has declined 29.2%. However, the 3 year total shareholder return remains very strong at more than 7x, which points to fading near term momentum but a long runway of gains for early holders.
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