US04626A1034 - Common Stock
ALAB stock surged after Astera Labs introduced a new family of data center switches built for artificial intelligence infrastructure.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
AI-focused chip designer Cerebras Systems filed for an IPO late Tuesday, as the startup looks to stand out category dominated by Nvidia.
Astera Labs stock rallied today, and Morgan Stanley's analysts think it could climb much higher.
Nvidia's Q2 report isn't powering gains for its stock, but it is pushing Astera's share price higher.
ALAB stock results show that Astera Labs beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Astera Labs (NASDAQ:ALAB) just reported results for the second quarter of 2024....
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