BlackRock, Inc. Amends Schedule 13G/A for Credo Technology Group Holding Ltd

BlackRock, Inc. has filed an amendment to its Schedule 13G/A for Credo Technology Group Holding Ltd, reporting ownership of 13,857,754 shares, representing 8.0% of the common stock. The filing indicates that BlackRock, Inc. has sole voting power over 13,591,604 shares and sole dispositive power over all 13,857,754 shares. The amendment reflects a decrease in ownership by 945,890 shares, a 6.39% reduction, while the value of the holdings increased by 45.19% to $1,990,112,051.94. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the common stock, but no single person's interest exceeds 5% of the total outstanding shares. The amendment was signed by Spencer Fleming, Managing Director, on behalf of BlackRock, Inc.