Astera Labs is now Interesting Again after a Pullback to the EMA 50!

Astera Labs describes itself as an innovator, developer, and provider of semiconductor-based connectivity solutions specifically designed to fully leverage the potential of cloud and AI infrastructures. Its customers include companies such as Intel, NVIDIA, and also AMD. The megadeal announced on October 6 between AMD and OpenAI is likely to bring Astera Labs back into the spotlight. The company recently made headlines with its new Scorpio switches. These are smart fabric switches specifically designed for AI workloads, which are expected to significantly...