Astera Labs: Stock crash despite NVLink fantasy – why analysts call it a misreaction

The stock of Astera Labs spectacularly crashed on Tuesday – just on the day the company expands its role in the core of future AI data centers. As the price drops by double-digit percentages, several analysts describe it as a clear overreaction by the market. Brutal blow for an AI favorite At the close of US trading, Astera Labs is priced at about $142.94. This represents a daily loss of $22.25 or 13.47 percent. The trading volume is significantly above average at approximately 17.7 million shares, with reports indicating strong institutional...