Astera Labs lost out on supplying retimers for Nvidia's chip, causing stock to drop

From StockTwits: 2025-03-19 22:28:18

Astera Labs Inc. (ALAB) stock remained flat after reports suggested Nvidia Corp.’s next-gen AI chip won’t include Astera’s retimers. Some hyperscalers may still opt for PCIe retimer switches, but it’s unclear how many. Nvidia unveiled Blackwell Ultra B300 chip at GTC 2025, along with new GPUs and a humanoid robot foundational model. Raymond James analysts gave ALAB an ‘Outperform’ rating with a price target of $82, citing potential benefits from the generative AI trend. ALAB stock sentiment on Stocktwits was ‘bearish’. One user shared a falling train graphic in response. ALAB stock is down 48% year-to-date.



Read more at StockTwits: Astera Labs Stock Loses Steam On Reportedly Missing Out On Supplying Retimers For Nvidia’s Next-Gen Blackwell Chip: Retail’s Bearish