Credo Introduces HiWire Pluggable Patch Panel(P3) To Support Coherent Optics & Core Switching Evolution
Portfolio Pulse from Benzinga Newsdesk
Credo Technology Group Holding Ltd (NASDAQ:CRDO) has announced the sample availability of its HiWire Pluggable Patch Panel (HiWire P3). The HiWire P3 enables service providers and hyperscalers to decouple pluggable optics from core switching and routing hardware. The HiWire P3 is a single rack unit (1RU), 32 port QSFP-DD appliance that allows standard pluggable optics to directly connect to an AEC without the use of a switch chip. The HiWire P3 will be demonstrated at the Open Compute Global Summit and the SCTE CABLE-TEC Expo in October 2023.
October 16, 2023 | 12:53 pm
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Credo's introduction of the HiWire P3 could potentially increase its market share in the data infrastructure market by providing a unique solution to service providers and hyperscalers.
The introduction of a new product, especially one that solves a significant problem or fills a gap in the market, can often lead to increased sales and revenue for a company. In this case, the HiWire P3 allows service providers and hyperscalers to decouple pluggable optics from core switching and routing hardware, which could potentially make their operations more efficient and cost-effective. This could lead to increased demand for Credo's products, which would likely have a positive impact on its stock price.
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