AI Chips Update - Astera Labs Expands Lab to Boost AI Platform Deployment [Yahoo! Finance]
Astera Labs, Inc. (ALAB)
Company Research
Source: Yahoo! Finance
The Scorpio Smart Fabric Switches are crucial in enabling robust connectivity essential for maximizing AI workload performance in hyperscale systems. The lab's rigorous testing of diverse PCIe 6.x components, including GPUs, CPUs, and SSDs, assists customers in minimizing interoperability risks, reducing development time, and lowering costs. This initiative reflects Astera Labs' commitment to advancing the PCIe ecosystem and accelerating the deployment of AI and cloud infrastructure solutions. Astera Labs last closed at $65.32 down 5.1%. Elsewhere in the market, Intel was a standout up 14.6% and ending the day at $23.70. On Wednesday, Intel announced the appointment of Lip-Bu Tan as CEO, succeeding interim co-CEOs, effective March 18. In the meantime, Astera Labs softened, down 5.1% to close at $65.32. On Thursday, the company announced an expansion of its Cloud-Scale Interop Lab to enhance the development and interoperability of AI platforms using Scorpio Smart Fabric Switches.
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ALAB
News
- Astera Labs: Riding AI Sustains Growth Above Peers [Seeking Alpha]Seeking Alpha
- Astera Labs, Inc. (ALAB) Presents at Barclays 23rd Annual Global Technology Conference Transcript [Seeking Alpha]Seeking Alpha
- Astera Labs: Why I See 20% Upside Despite Near-Term Volatility [Seeking Alpha]Seeking Alpha
- Dow Jones Futures: Astera, Netflix, Nvidia, Tesla Are Big Movers; Toll Brothers Sells Off Late [Yahoo! Finance]Yahoo! Finance
- Astera Labs (NASDAQ:ALAB) was given a new $195.00 price target on by analysts at Northland Securities.MarketBeat
ALAB
Earnings
- 11/4/25 - Beat
ALAB
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- ALAB's page on the SEC website