I HAD to send you this

A drilling crew found a massive energy source near the Grand Canyon, and Google already signed on  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

A Message From Behind the Markets Dear Friend, I don't usually write to you like this. My job here is to tell you about our research. Not to get excited about it. But I HAD to send you this one. It's about a new discovery near the Grand Canyon. A drilling crew went nearly three miles down... And found enough power to meet global electricity demand 140 times over. When I first read that, I thought it was a typo. It's not. Google's already signed a 15-year deal for it. And on October 20th, Washington auctions off 83 parcels of federal land to tap it. I'd hate for you to hear about this after the 20th. So I'm sending it to you myself. See the Grand Canyon discovery here >> The Buck Stops Here, Kelly Maguire Behind the Markets P.S. One company builds the gear it takes to reach this discovery. Its name's in the briefing. Take a look before 10/20. This Week's Featured Article Beyond the GPU: Credo Paves the Next AI Data Superhighway Author: Jeffrey Neal Johnson. Published: 10/15/2026. Key Points Credo Technology Group is addressing AI data center bottlenecks in data transit and memory capacity through new optical cabling and memory technologies, not just chips. The company's new 1.6T ZeroFlap Active Light Cable and OmniConnect Weaver memory gearbox aim to reduce power consumption and expand bandwidth without costly custom silicon. Despite a premium valuation and recent 8% stock decline, Credo posted nearly 115% year-over-year revenue growth, though it remains reliant on two major customers. Special Report: The Rumors About Elon’s Next Move Are Spreading Fast (From The Oxford Club) Investors naturally gravitate toward the chips powering artificial intelligence (AI), but a quiet shift is underway beneath the surface. While markets focus on the peak of the hardware cycle, the bottleneck to scaling AI has shifted toward physical data transit and memory capacity. Hyperscalers are discovering that packing thousands of chips into a server rack creates severe data traffic jams. If data cannot move quickly enough, expensive compute capacity sits idle. My public warning after 55 years of watching the markets (Ad) Dr. Martin D. Weiss has publicly predicted six major American market crashes over his 55-year career, each warning issued before the crisis hit. Now the founder of Weiss Ratings, the only conflict-free rating agency in America, says he is watching a $3 trillion problem that could trigger a chain reaction across markets and banks. See Martin Weiss's full warning before this risk spreads further New breakthroughs in optical cabling and memory position Credo Technology Group (NASDAQ: CRDO) as an essential tollbooth for next-generation hyperscale infrastructure. Solving these fundamental physical constraints offers a compelling thesis for investors looking beyond the usual semiconductor sector plays. Gridlock at Layer-Zero: Rewiring the AI Data Center When data center clusters scale to tens of thousands of machines, their physical wiring begins to hit the limits of physics. Copper cables can lose signal integrity over longer distances, limiting the size of a single server cluster. To span large facilities, operators traditionally turn to optical fiber connections. The problem is that traditional optics consume too much power and generate excess heat, placing significant demands on a facility's overall power budget and cooling capacity. Power constraints now dictate the total output capacity of modern AI data centers. If an operator spends too much electricity moving data across the room, less electricity is available to process that data. Credo Technology Group operates directly at this intersection. By providing the connective tissue that allows hyperscalers to expand their networks without overloading their power grids, the company shifts the economic equation for facility operators. Credo recently unveiled a dual-catalyst approach to address both networking and memory constraints, expanding its total addressable market well beyond its historical active electrical cable business. Unlocking the Fast Lane The first catalyst centers on the newly announced 1.6T ZeroFlap Active Light Cable. Designed specifically for row-scale and front-end network connectivity, this micro-emitter-based optical cable addresses the mid-reach distance gap that traditional copper cannot bridge. From a business perspective, the technology's operating efficiency is what makes it compelling. The architecture divides heavy 200G data lanes into lower-rate optical channels using standard non-return-to-zero modulation. For investors, this translates into a distinct competitive advantage. The design bypasses the power-hungry digital signal processing typically required in complex optical solutions. Operating at about 12W per cable end, the hardware significantly reduces a data center's thermal load. The new technology offers up to 50 meters of reach while maintaining copper-class reliability, with a targeted average of 100 million hours of mean time between failures. Although commercial shipping is slated for roughly 2027, the product offers a clear view of how Credo plans to capture market share as data centers grow. The second catalyst targets the memory wall, or the problem of AI chips processing data faster than memory can supply it. In a recent collaboration with Advanced Micro Devices (NASDAQ: AMD), Credo demonstrated its OmniConnect Weaver memory gearbox integrated directly with the AMD Versal AI Edge Series Gen 2 platform. Artificial intelligence inference requires substantial amounts of readily available memory to operate efficiently. Historically, expanding memory bandwidth required expensive custom silicon to link chips to memory. Credo's OmniConnect platform delivers terabyte-scale memory using less expensive, standard chip packaging. By eliminating the need for custom silicon, the technology makes high-performance memory scaling more accessible. This opens a new revenue channel for Credo in compute-memory architecture and demonstrates that the company can innovate beyond cables. Paving a Unified Highway: The OCP Standardization Push Creating excellent hardware is only half the battle in the infrastructure sector, as widespread adoption requires a reliable ecosystem. To that end, Credo recently launched the Short-Reach Micro-Emitter Optics Workstream within the Open Compute Project. Partnering with prominent optical suppliers across the industry, the initiative aims to standardize wide-parallel optical connectivity. Hyperscalers generally avoid proprietary hardware because it creates vendor lock-in and supply chain vulnerabilities. By working to standardize micro-emitter specifications, Credo lowers the barrier for data center operators scaling to tens of thousands of accelerators. In effect, it is helping write the rulebook that the rest of the industry may follow. From a risk-management perspective, this standardization serves a strategic purpose. Currently, Credo relies heavily on two primary customers for a large portion of its revenue, creating execution risk. An open, shared standard creates a pathway for Credo to attract a broader base of hyperscale clients, diluting customer concentration risk over time and stabilizing future cash flows. Reconciling Growth With Premium Valuations Balancing these tailwinds against current valuation metrics requires a pragmatic approach. Credo currently trades at valuations that reflect high growth expectations. The trailing price-to-earnings ratio sits near 60, while the forward multiple falls to 34. Forward multiple compression of this magnitude requires strong operational execution, which Credo has delivered in recent quarters. Recent quarterly revenue reached approximately $479 million, representing nearly 115% year-over-year growth. This triple-digit top-line expansion makes the elevated forward multiple easier to justify for growth-oriented portfolios. Recent market action offers interesting context for potential accumulation. Credo's stock has fallen about 20% over the past five days. Rather than signaling fundamental deterioration in the core business, the price action closely tracks sector-wide profit-taking across high-growth infrastructure names, mirroring peers such as Astera Labs (NASDAQ: ALAB). Destination 2027: Bridging the Gap to Optical Dominance The transition from copper limitations to micro-emitter optics represents a multiyear secular trend. Because the flagship optical cables will not begin commercial shipping until roughly 2027, the bridge to that revenue cycle depends on Credo maintaining momentum with its existing active electrical cables and retimers. Any unexpected reduction in capital expenditures from its two dominant customers could weigh on the stock price before the newer adoption cycles fully materialize. Investors tracking the physical build-out of the AI economy might view the recent volatility as a broader market rotation rather than a company-specific flaw. Those with an appetite for strategic infrastructure plays may want to monitor Credo as its standardization initiatives gain traction across the broader data center ecosystem. .   © 2026 StockNews.com | MarketBeat Media, LLC 345 N Reid Place Sioux Falls, SD 57103, United States Unsubscribe