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Hyperscalers like Amazon, Microsoft, and Meta Platforms are increasing AI infrastructure spending, benefiting smaller companies like Credo Technology Group and UiPath. Credo reported a 202% year-over-year revenue increase, while UiPath achieved GAAP profitability for the first time.
Hyperscalers, including Amazon, Microsoft, and Meta Platforms, are spending more on AI infrastructure than ever before. This benefits not only Nvidia but also smaller, specialized companies. Credo Technology Group makes Active Electrical Cables and optical Digital Signal Processors that connect AI chips inside data centers, offering 50% more power efficiency than traditional alternatives. Credo's revenue surged 202% year-over-year to $407 million in its third fiscal quarter of 2026. UiPath has repositioned itself as the 'execution layer' for enterprise agentic AI, enabling AI agents to do real work with governance and reliability. UiPath reported $1.611 billion in revenue for fiscal year 2026, up 13% year-over-year, and achieved GAAP profitability for the first time.
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