New deep dive is out on the research page. We think $CRDO is one of the most asymmetric plays in the entire market right now. They win no matter what. Copper dominates today and they’re the king of it. Optics takes over tomorrow and they just spent $1.3B bringing that in house. The laser shortage everyone fears? Their architecture barely needs lasers at all. And the board just structured a CEO award that pays nothing unless the stock triples. We break the whole thing down in the deep dive.
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