Credo Technology Group is trading 4.82% lower at $157.32 after a weak October 29 session, with coverage linking pressure on AI-related shares to doubts about returns from infrastructure spending. - No new company-specific announcement was identified. - Intel’s weaker-than-expected fourth-quarter forecast and sharp after-hours decline added pressure across semiconductor stocks. - The backdrop also included Alphabet-related AI spending concerns. Credo closed October 29 at $165.29, down 4.84%, before the further after-hours decline.