Group 1 - Astera Labs Inc. (NASDAQ:ALAB) experienced a significant decline of 19.03% to close at $161.55, marking its third consecutive day of losses due to intense competition in the GPU market [1][4] - The drop in Astera Labs' stock price was influenced by Advanced Micro Devices' (AMD) partnership with Oracle to deploy 50,000 GPUs starting in Q3 2026, which raised concerns about reduced demand for Astera's products [2][4] - Astera Labs announced a collaboration with Arm Total Design to develop chiplet solutions aimed at meeting the increasing demand for custom AI infrastructure [2][4] Group 2 - Chiplet architectures allow AI platform developers to integrate various processing units, including Arm compute subsystems, into optimized systems for specific functions [3] - As a design services partner in Arm Total Design, Astera Labs will provide multi-protocol chiplet capabilities through its Intelligent Connectivity Platform, facilitating the creation of custom AI infrastructure with validated connectivity [4]
Astera (ALAB) Extends Losses, Drops 19% on Cutthroat GPU Market