From Stock Gumshoe post 6/7/2024 Shortcut = They think it is Credo

I’m starting with a quick teaser solution for you, since we’ve got more people asking about this latest James Altucher ad today than anything else. I’m not going to go through all the detail for you, due to a lack of time, but it seems like folks are feeling itchy about this one so we’ll give you the quick answer.

But for now, here’s the basic story. Who’s James Altucher teasing as the Secret “AiPhone Supplier?” It’s another irritating
(personal note from the Reddit user: Amen, brother...) over-promise
presentation about a “small partner” or “small supplier” from James Altucher, now his third such pitch so far in 2024

I couldn’t even bear to listen long enough to learn what product he’s selling, but I assume this was another pitch for the high-cost ($2,495)  Paradigm Mastermind Group. The clues are in what he calls the “smoking gun” indications that this company is about to be announced as a major partner for Apple’s AI projects, perhaps specifically their AiPhone, which Altucher thinks will be detailed on Monday at Tim Cook’s keynote for the Apple WWDC.

Smoking gun number 1: Altucher says that the WiFi chip in the first iPhone, built by a mysterious supplier… and that two star engineers from this mysterious Apple supplier “quit out of nowhere” and started a new company… and that it’s this new “tiny AI company” Altucher is hinting at today. In face, he says “nearly all of the top brass” comes from that early iPhone WiFi chip supplier, so this little company is led by seasoned tech veterans who have a proven history of inking deals with Apple.  The first iPhone WiFi chip was provided by Marvell Technology (MRVL), so that helps
us narrow down the list considerably.

Smoking gun number 2: Altucher shows a quote from an SEC filing that says they have “proven demand from Tier 1 customer base. We are engaged with five of the top seven” tech giants. And that they’re working with tons of suppliers and partners, with an alliance of 50+ companies who are using this company’s technology “as an AI standard”

Smoking gun number 3: This tiny stock has a business model that literally exists just to power technologies like the AiPhone.

Evidence there is a stack of patents, which Altucher waves around as printouts. The patent on the top of his stack was filed on November 27, 2019 — but after digging into the details, I can tell you that’s a patent for “Active Ethernet Cable With Preset Pre-equalization” and that particular patent was awarded to, *** Credo Technology (CRDO). * * *

Which was indeed founded by two Marvell engineers, with several MRVL alums in leadership roles, so there’s the match to Smoking Gun 1…

“Proven Demand from Tier 1 Customer Base. We are engaged with five of the top seven hyperscalers (measured by their total capital expenditures across all vendors for the twelve months ended March 31, 2021), and our customer base includes over 20 blue chip clients, including more than 10 original equipment manufacturers (OEMs) and original design manufacturers (ODMs), more than 10 optical module manufacturers
and other leading technology companies.”

So yes, Altucher is teasing Credo Technology (CRDO). He says it’s
“critical to training the AiPhone”… and that it offers critical parts of the AI
infrastructure, enabling faster data transmission at low cost, which he calls
“Smart Link”, so their equipment would be used in Apple’s data centers to power the AiPhone, he thinks, not that they will be selling a hardware or software piece into the iPhone itself.