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This Nvidia rival is up over 20% today, time to buy?
Astera Labs, Inc.Astera Labs, Inc.(US:ALAB) Finbold·2025-08-06 21:05

Astera Labs (NASDAQ: ALAB) stock is up 20.18% in premarket trading on Wednesday, reaching 162.89followingthecompany’simpressivesecond−quarterearningsresultsthatsignificantlyexceededmarketexpectations.ALABonedaystockchart.Source:GoogleFinanceRecordquarterlyperformance Thesemiconductorconnectivitysolutionsproviderreportedrecordquarterlyrevenueof162.89 following the company’s impressive second-quarter earnings results that significantly exceeded market expectations.ALAB one day stock chart. Source: Google FinanceRecord quarterly performance The semiconductor connectivity solutions provider reported record quarterly revenue of 191.9 million for Q2 2025, marking a substantial 150% year-over-year increase and a 20% quarter-over-quarter rise. The company achieve ...