Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
United StatesIPO:
20 March 2024Website:
http://www.asteralabs.comNext earnings report:
04 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 8 min agoDividend
Analysts recommendations
Institutional Ownership
ALAB Latest News
Start Time: 16:30 January 1, 0000 5:32 PM ET Astera Labs, Inc. (NASDAQ:ALAB ) Q3 2024 Earnings Call November 04, 2024, 16:30 PM ET Company Participants Jitendra Mohan - CEO and Co-Founder Sanjay Gajendra - President, COO and Co-Founder Mike Tate - CFO Leslie Green - IR Conference Call Participants Harlan Sur - JPMorgan Joe Moore - Morgan Stanley Blayne Curtis - Jefferies Thomas O'Malley - Barclays Tore Svanberg - Stifel Ross Seymore - Deutsche Bank Quinn Bolton - Needham Mark Lipacis - Evercore ISI Suji Desilva - ROTH Capital Richard Shannon - Craig-Hallum Operator Hello. Good afternoon.
In the latest trading session, Astera Labs, Inc. (ALAB) closed at $73.50, marking a -0.77% move from the previous day.
The introduction of Scorpio Smart Fabric Switches expands Astera Labs' market opportunity to $12 billion by 2028. Astera Labs could utilize its leading market share in PCIe retimers to grow sales of Scorpio in light of the synergies between both products. Astera Labs could have more content in Blackwell servers due to its high complexity, creating the need for better connectivity solutions.
Astera Labs' latest innovations and strategic initiatives underscore its potential to significantly impact the AI industry.
Astera Labs (ALAB) shares jumped Wednesday after the Nvidia (NVDA) supplier announced new products to support artificial intelligence (AI).
In the closing of the recent trading day, Astera Labs, Inc. (ALAB) stood at $41.36, denoting a -1.45% change from the preceding trading day.
Analysts at Morgan Stanley recently upgraded their rating on Astera Labs stock. Morgan Stanley's analysts think the Astera share price can climb much higher over the next year.
Nvidia's Q2 results and forward guidance point to robust demand in the AI space. Despite failing to lift its own stock, Nvidia's results are powering gains for Astera Labs and many other AI stocks.
Investors need to pay close attention to Astera Labs (ALAB) stock based on the movements in the options market lately.
24/7 Wall St. Insights Nervous investors may be wondering if semiconductor stocks are still a good bet for the rest of this year.
What type of business is Astera Labs Common Stock?
Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform is comprised of a portfolio of data, network, and memory connectivity products, which are built on a unifying software-defined architecture that enables customers to deploy and operate high performance cloud and AI infrastructure at scale. The company was incorporated in 2017 and is based in Santa Clara, California.
What sector is Astera Labs Common Stock in?
Astera Labs Common Stock is in the Technology sector
What industry is Astera Labs Common Stock in?
Astera Labs Common Stock is in the Semiconductors industry
What country is Astera Labs Common Stock from?
Astera Labs Common Stock is headquartered in United States
When did Astera Labs Common Stock go public?
Astera Labs Common Stock initial public offering (IPO) was on 20 March 2024
What is Astera Labs Common Stock website?
https://www.asteralabs.com
Is Astera Labs Common Stock in the S&P 500?
No, Astera Labs Common Stock is not included in the S&P 500 index
Is Astera Labs Common Stock in the NASDAQ 100?
No, Astera Labs Common Stock is not included in the NASDAQ 100 index
Is Astera Labs Common Stock in the Dow Jones?
No, Astera Labs Common Stock is not included in the Dow Jones index
When was Astera Labs Common Stock the previous earnings report?
No data
When does Astera Labs Common Stock earnings report?
The next expected earnings date for Astera Labs Common Stock is 04 November 2024