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The Latest Breaking News from Astera Labs

3 Top-Rated AI Growth Stocks to Scoop Up Now

With AI demand rising, these three top-rated stocks could be enticing picks for investors to capitalize on the tech boom.

Barchart

Want to have access to 96TB (yes Terabytes) of RAM? Check out this CXL expansion box that shows what the future of memory looks like

244 DIMM slots for a single server? That packs a serious punch.

TechRadar

Intel Sells Its Arm Shares, Reduces Stakes in Other Companies

Intel has divested its entire stake in Arm Holdings during the second quarter, raising approximately $147 million. Alongside this, Intel sold its stake in cybersecurity firm ZeroFox and reduced its holdings in Astera Labs, all as part of a broader effort to manage costs and recover cash amid significant financial…

AnandTech

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Intel sells stake in Arm, estimated to raise $147 million as part of business turnaround

Intel sells its stake in Arm for an estimated $147 million, reduces stakes in some other companies after $1.6 billion lose in Q2 2024

Tom’s Hardware

Is Astera Labs Stock a Buy for Potential Nvidia Upside?

Down 37% from all-time highs, Astera Labs is a semiconductor stock that is overvalued at current prices. However, it is also part of the AI megatrend, making investors optimistic.

Barchart

The IPO market is gaining steam. Who might list later this year?

Big debuts from Reddit and Astera Labs are raising hope the IPO market has finally rebounded. But it’s still not the soaring, go-go days of 2021.

Fortune

Obscure $10 billion chip firm you never heard of finally delivers crucial tech for AI future — Astera Labs showcased its Aries 6 PCIe retimer board as it targets future Nvidia HGX boards

Astera Labs has begun showcasing and sampling its new Aries 6 PCIe retimer boards to be used in AI hardware.

TechRadar

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Reddit closes nearly 50% higher on 1st trading day in latest sign IPO market heating up

In the wake of Astera Labs’ successful IPO, shares of the social media platform opened at $34 and closed above $50.

Fortune

Stock Market Today: Stocks Climb After Fed Forecasts Three Rate Cuts This Year

The main indexes notched new record closes Wednesday after the Federal Reserve kept its outlook for rate cuts unchanged.

Kiplinger

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