Astera Labs, Inc. (NASDAQ:ALAB) is a top AI stock, as Citi sets $275 price target and reaffirms “Buy” rating. The firm predicts ALAB will benefit from AMD’s AI infrastructure deal. ALAB supplies critical networking infrastructure for AMD’s Helios platform, launching in 2026. Analyst Atif Malik sees positive impact from OpenAI’s deployment of AMD GPUs. ALAB could earn $1,000 per accelerator with wider adoption of open rack-scale systems. ALAB designs and sells semiconductor-based connectivity solutions for cloud and AI infrastructure. However, some AI stocks may offer greater upside with less risk.

Read more at Yahoo Finance: Astera Labs (ALAB) Gets Street-High Price Target as Citi Sees Major AI Upside