Astera Labs Aktie News

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs extends Cloud-Scale Interop Lab testing to PCIe 6.x, announces new interop lab in Taiwan to facilitate close collaboration with ODMs.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs to Participate in J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference.

Jefferies analysts are upbeat on the artificial-intelligence outlook for Astera Labs, Marvell, Broadcom, and AMD, along with top pick Nvidia.

New stocks have IPOs that experience huge price swings in their first months as the market determines their true worth. This volatility presents both risks and rewards for investors.

Some semiconductor stocks tied to the artificial intelligence boom fell this week after missing sky-high whisper numbers.

Astera Labs, Inc. (NASDAQ:ALAB ) Q1 2024 Results Conference Call May 7, 2024 4:30 PM ET Company Participants Leslie Green - IR Jitendra Mohan - Chief Executive Officer Sanjay Gajendra - President and COO Mike Tate - CFO Conference Call Participants Harlan Sur - JPMorgan Joe Moore - Morgan Stanley Tore Svanberg - Stifel Blayne Curtis - Jefferies Thomas O'Malley - Barclays Quinn Bolton - Needham ...

Shares in Astera Labs (ALAB) dropped nearly 7% in premarket trading Wednesday morning even though the maker of artificial intelligence (AI) chip connectivity products surpassed Wall Street's quarterly estimates and issued an upbeat outlook.

The technology sector is losing momentum as earnings continue to paint a mixed picture, clouded by lofty expectations for AI-exposed shares.