Astera Labs Stock Surges After Earnings. It’s Part of the Nvidia Trade.
Astera Labs stock surged 22% ahead of the open Tuesday as the semiconductor company’s earnings provided even more reason for Wall Street to be bullish. The company makes semiconductor-based connectivity products that are used to build artificial intelligence and cloud infrastructures.
Astera Labs delivers blowout earnings and revenue beat and its stock jumps
AI is all the rage in the technology industry now, so it makes sense that Astera is reaping the rewards. The Santa Clara, California-based company manufactures and sells data center chips that are used by all three big cloud infrastructure providers – Amazon Web Services Inc., Google LLC and Microsoft Corp.
Astera Labs: Soaring On Q3 Earnings Beat
Astera Labs' strong Q3 earnings led to a 30% surge in shares, but its high valuation raises concerns for potential investors vs. NVIDIA. Learn more on ALAB stock here.
Astera Labs (ALAB) Skyrockets 32%: What’s Behind the Unbelievable Surge?
Astera Labs (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions, has been making waves in the stock market with its impressive performance. On November 5, 2024, the company’s stock saw a sharp uptick of +32.
Nvidia Supplier Astera Labs Surges on Strong Q3 Results
Astera Labs shares are jumping around 25% Tuesday morning, after the Nvidia supplier reported strong earnings results on the back of demand for its artificial intelligence (AI) products.
Astera Labs Reports Record Q3 Revenue and Growth
Astera Labs, Inc. ( (ALAB) ) has released its Q3 earnings. Here is a breakdown of the information Astera Labs, Inc. presented to its investors.
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Astera Labs Inc (ALAB) Stock: More Robust Than the Numbers Suggest?
On Tuesday, Astera Labs Inc (ALAB) stock saw a modest uptick, ending the day at $95.91 which represents a slight increase of $26.26 or 37.70% from the prior close of $69.65. The stock opened at $86.35 ...
Why Astera Labs Skyrocketed Today
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Astera Labs price target raised to $105 from $75 at Craig-Hallum
Craig-Hallum raised the firm’s price target on Astera Labs (ALAB) to $105 from $75 and keeps a Buy rating on the shares. While ...
Astera Labs, Inc. (NASDAQ:ALAB) Receives Consensus Rating of “Buy” from Brokerages
Astera Labs, Inc. (NASDAQ:ALAB – Get Free Report) has earned an average rating of “Buy” from the eleven analysts that are ...
Astera Labs soars as Q3 results, guidance show AI train is rolling on
Newly public semiconductor company Astera Labs (ALAB) soared 24% in premarket trading on Tuesday after it reported ...
Astera Labs price target raised to $105 from $80 at Roth MKM
Roth MKM raised the firm’s price target on Astera Labs (ALAB) to $105 from $80 and keeps a Buy rating on the shares. The company ...
These Stocks Are Moving the Most Today: Palantir, DJT, Astera Labs, Celanese, Archer Daniels, DuPont, Marqeta, Super Micro, and More
Third-quarter revenue jumps 30% at Palantir, driven by demands for artificial intelligence, while Trump Media shares extend ...