Astera Labs Soars on Expanding AI Reach With Alchip, NVIDIA Deals

From Nasdaq: 2025-06-17 09:52:00

Astera Labs (ALAB) experiences significant growth in AI and cloud connectivity, with a 144% revenue surge in Q1 2025. Strategic alliances and focus on AI rack-scale connectivity position ALAB for long-term success, leading to a 30% share price increase over the past three months.

ALAB strengthens market presence through collaborations with Alchip Technologies and Wistron, enhancing AI infrastructure deployment. With successful partnerships, ALAB showcases technical leadership and supports NVIDIA’s MGX systems rollout. Competitor Marvell Technology also partners with NVIDIA on NVLink Fusion, showcasing innovative solutions at OFC 2025.

Zacks estimates a 60.7% improvement in ALAB’s 2025 earnings. The company’s forward 12-month price-to-sales ratio is at 18.63X, slightly below the 1-year median but higher than the industry average. ALAB holds a Zacks Rank #2 (Buy) and shows promise for future growth and success.

Zacks Investment Research identifies 7 elite stocks, including ALAB, as the “Most Likely for Early Price Pops.” These hand-picked stocks have historically outperformed the market, with an average gain of +23.5% per year. Investors can access the full list for potential investment opportunities.



Read more at Nasdaq: Astera Labs Soars on Expanding AI Reach With Alchip, NVIDIA Deals