Streetbeat News

ALAB

Astera Labs Inc.

Industry

Semiconductor and Related Device Manufacturing

Open

67.78

Mkt cap

12B

Volume

3.7M

High

72.43

P/E Ratio

-112.78

52-wk high

147.39

Low

67.50

Div yield

N/A

52-wk low

36.22

In Tuesday's after-market session, several information technology stocks experienced notable movements. Boxlight, iLearningEngines, Gryphon Digital Mining, Aviat Networks, Pixelworks, and Astera Labs saw gains, while Cemtrex, Keysight Technologies, BTC Digital, Quantum Computing, Rambus, and Smith Micro Software experienced declines.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 8:30 pm

Astera Labs has launched a new portfolio of fabric switches, including the first PCIe 6 switch, designed for AI infrastructure at cloud-scale. These switches aim to enhance system utilization, uptime, and performance for AI workloads.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 8:09 pm

Technology sector shares are rising following Micron's strong earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 7:57 pm

Astera Labs is expanding its global presence by opening a new R&D center in Bengaluru, India. Dr. Shivananda Koteshwar will lead the India operations, focusing on developing innovative connectivity solutions for AI and cloud infrastructure.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 6:16 am

Semiconductor stocks are seeing a rise, potentially in response to NVIDIA's performance and Vice President Harris's comments on investing in American technology for AI and quantum computing.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:12 pm

Astera Labs shares rose following an upgrade by Morgan Stanley from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 5:30 pm

Top Wall Street analysts have upgraded their ratings for several companies, including Nasdaq, Inc., nVent Electric, Boyd Gaming Corporation, Sweetgreen, Inc., and Astera Labs, Inc. These upgrades have led to positive movements in their stock prices.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 2:06 pm

GitLab shares surged 17% in pre-market trading after reporting better-than-expected Q2 earnings and issuing strong FY25 guidance. Other notable pre-market movers include WiSA Technologies, Conifer Holdings, and Atara Biotherapeutics among gainers, while Athira Pharma and Zscaler saw significant declines.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 10:39 am

Morgan Stanley has upgraded Astera Labs (NASDAQ:ALAB) from Equal-Weight to Overweight, maintaining a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 10:38 am

Semiconductor stocks are experiencing a decline in share prices due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:14 pm

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