ALAB Stock Recent News

Astera Labs soars 112.6% in a month on booming demand, record Q2 growth and bullish Q3 guidance fueled by next-gen AI connectivity.

Astera Labs, Inc. (ALAB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Astera Labs gains edge over Marvell Technology with AI-focused innovations, partnerships, and market momentum in next-generation connectivity.

Here is how Astera Labs, Inc. (ALAB) and Gilat Satellite (GILT) have performed compared to their sector so far this year.

Astera Labs delivered outstanding Q2 FY2025 results, with broad-based revenue growth across key product lines and upside versus guidance. AI infrastructure demand, expanding product portfolio, and deep hyperscaler relationships position Astera for continued rapid growth and market share gains. Upcoming H2 FY2025 product launches are set to unlock a major revenue ramp, with all four product families shipping in meaningful volumes.

First-to-market 2X ETFs on Astera Labs and Datadog set to trade on Tuesday NEW YORK , Aug. 8, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, announced today that it expects to launch two first-to-market leveraged single-stock ETFs on Astera Labs Inc. (Nasdaq: ALAB) and Datadog Inc. (Nasdaq: DDOG) on Tuesday, August 12. This launch will grow Tradr's leveraged ETF lineup to 21 funds.

Astera Labs, Inc. crushed Q2 expectations, doubling revenue and gaining market share with its innovative networking products, especially among hyperscaler clients. The company's multi-faceted product strategy and rapid adoption of Scorpio switches and Aries retimers are driving significant growth and margin expansion. Despite stellar results and a bullish outlook, Astera Labs' valuation has soared to a triple-digit EBITDA multiple, making shares expensive.

This market leader has seen its stock advance more than 200% off the April lows.

Astera Labs stock (NASDAQ: ALAB) spiked 30% on Wednesday after the company blew past its Q2 numbers and delivered a strong forecast that turned a lot of heads. The San Jose-based chipmaker, known for making the behind-the-scenes tech that keeps cloud and AI data centers running fast and smooth, has been on a tear lately.

ALAB posts 149.7% revenue surge and beats earnings estimates comfortably, driven by strong demand for solutions.