Wall Street Boosts Astera Labs (ALAB) PT as AI Infrastructure Demand Accelerates

Core Viewpoint - Astera Labs, Inc. (NASDAQ:ALAB) is recognized as a promising AI stock, with an increased price target of $195.00 from H.C. Wainwright analyst Gus Richard, who maintains a "Buy" rating due to the company's growth potential in AI infrastructure [1][3]. Group 1: Growth Potential - The company is expected to experience stronger growth per rack, driven by its Scorpio X revenue and larger switches anticipated in the second half of 2026 [2][3]. - Astera Labs is positioned as the preferred interconnect vendor, with a rapidly expanding revenue opportunity per rack [3]. Group 2: Product Innovations - Future upside for Astera Labs is anticipated from NVLink Fusion and copackaged optics, which are expected to become mainstream in the long term [2][3]. - The NVLink Fusion product is projected to maintain or grow its revenue per AI accelerator chip in 2027 [3]. Group 3: Market Position - Astera Labs specializes in designing, manufacturing, and selling semiconductor-based connectivity solutions tailored for cloud and AI infrastructure [3].