Why Is Credo (CRDO) Stock Down 9.51% Today, Oct 23? MaxLinear Competition and Slower 1.6T Cable Adoption Fuel Selloff

Credo (CRDO) fell 9.51% to $147.29 on October 23, 2026, as MaxLinear's cable-market push sharpened competitive concerns. This daily outlook examines the catalysts, downside risks and technical levels that frame the next session.