Astera Labs, Inc. is a semiconductor company that specializes in designing and providing high-performance analog and mixed-signal solutions for various applications. Focused on advancing data processing capabilities, the company develops innovative products aimed at enhancing the efficiency and speed of data centers, networking, and telecommunications systems. By leveraging cutting-edge technology and design expertise, Astera Labs empowers its customers to optimize their hardware performance while meeting the increasing demands of modern data-intensive environments. Read More
A bold $100B U.S. investment plan from Apple lit a fire under tech stocks and helped the Nasdaq bounce back. Meanwhile, AMD stumbled despite solid earnings, Disney left investors conflicted, and geopolitical tensions raised red flags across sectors.
U.S. stocks rebounded sharply on Wednesday, fully erasing last Friday's losses, as upbeat corporate earnings and renewed investor optimism outweighed concerns over escalating trade tensions.
Astera Labs Inc (NASDAQ:ALAB) shares are soaring Wednesday after the company reported better-than-expected financial results for the second quarter and issued strong guidance.
Astera Labs stock soars on record quarterly revenue of $191.9 million, up 150% year-over-year. CEO Mohan says company at forefront of AI transformation.
SAN JOSE, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the second quarter of fiscal year 2025, ended June 30, 2025.
