Astera Labs, an AI chip stock, has seen a 90% surge in its shares in just 30 days, showcasing its rapid growth and influence in the AI infrastructure sector. The company’s latest earnings report has impressed Wall Street, leading to a significant rally in its stock price. The booming demand for AI chips is driving this growth, with major tech companies like Amazon, Google, Meta, and Microsoft investing billions in data centers and specialized chips. Astera’s unique position in providing high-speed, intelligent connectivity solutions has solidified its place in the competitive semiconductor market, making it a standout player in the industry.

Read more at Yahoo Finance: Surprising AI chip stock is up 90% in 30 days (and still climbing)