Should Astera Labs Investors Worry About DeepSeek?

Astera Labs Inc ALAB shares recovered in early trading on Tuesday, after having tanked in the previous session amid a broader downturn in AI stocks.The tech majors are unlikely to shelve their capital expenditure plans following the launch of China’s open-source AI model DeepSeek, according to Northland Capital Markets.The Astera Labs Analyst: Analyst Gus Richard upgraded the rating from Market Perform to Outperform, with a price target of $120.The Astera Labs Thesis: Amazon.com Inc AMZN, Microsoft Corp MSF ...