Astera Labs Stock News

In 2024, large-cap technology companies like NVIDIA NASDAQ: NVDA captured the bulk of the headlines and investor attention. However, a number of lesser-known software companies were quietly delivering impressive returns and strategically positioning themselves for substantial future growth.

Top IPO stocks Astera and Reddit hit new highs this week. Birkenstock is near a buy point.

The goal is to either have the put expire worthless and keep the premium, or acquire the stock below the current price. The post Astera Labs Option Trade Starts With $675 Up Front appeared first on Investor's Business Daily.

An analyst is optimistic about the growth prospects for Nvidia's latest graphics processing unit.

Astera Labs is poised for growth due to increasing demand for AI and cloud infrastructure, driven by hyperscalers' investments in AI chips and ASICs. The company's expanding portfolio, including the Scorpio P-series and X-series switches, and strategic partnerships with NVIDIA, AMD, Micron, and Intel, bolster its market position. ALAB's TAM is projected to grow from $17.2 billion in 2023 to $27...

Nvidia continues to be the runaway leader in chips used for artificial intelligence (AI). The company's leading position in the data center market has driven triple-digit revenue growth over the last few years.

Without a doubt, Nvidia (NASDAQ: NVDA) has dominated the artificial intelligence (AI) chip market in 2024, boosting its stock to new highs. However, Astera Labs (NASDAQ: ALAB) has emerged as a formidable competitor, outperforming Nvidia in recent months.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Astera Labs Announces Upcoming Financial Conference Participation.