Pre-market trend | Credo Tech (CRDO) 5/5 volume surge, is the AI optical interconnection sector continuing to heat up?

Yesterday's closing, Credo Tech's stock price rose by 7.50%, with a trading volume of approximately $1.16 billion, showing a strong upward trend. The MACD daily line formed a bullish confirmation signal above the zero axis, combined with a significant volume increase in the upward movement, indicating that buying power is accelerating. The signal for a strengthening phase trend is quite clear. The participation of funds has significantly increased compared to the previous period, and the overall market shows a bullish dominance pattern. The short-term rhythm is positive, with ample upward momentum. On the news front, as a high-speed interconnect chip supplier in the semiconductor industry, Credo Tech directly benefits from the explosive growth in demand for high-speed connectivity solutions from AI data centers. Yesterday, the semiconductor sector strengthened across the board, with Micron Tech surging over 11% after an IDC report indicated that the memory market might enter a sustained boom cycle, boosting confidence throughout the entire chip supply chain. In the same sector, Broadcom rose by 2.61%, Lam Research increased by 6.66%, and Applied Materials climbed nearly 5%, with semiconductor equipment and chip stocks performing well across the board, providing a solid market atmosphere support for Credo Tech's upward movement. AI optical interconnects, as a core component of data center upgrades, are becoming a new hotspot for capital pursuit. From a technical perspective, Credo Tech's recent performance shows a good pattern of gradual increases, and yesterday's volume increase further confirmed the short-term bullish trend. Attention should be paid to whether the stock price can stabilize at the current position and complete a turnover. If today's volume maintains without a significant pullback, the probability of expanding upward space is relatively high