Here’s Why Astera Labs (ALAB) Jumped Around 8% on New Year

Astera Labs, Inc. (NASDAQ:ALAB) is one of the Best Unstoppable Growth Stocks to Buy Right Now. Astera Labs, Inc. (NASDAQ:ALAB) has jumped more than 7.9% since the new year eve till market close on Friday, January 2, 2026. The jump reflects the renewed investor confidence in the semiconductor space, as the Philadelphia Semiconductor Index also rose 4% during the same time. Earlier on December 30, Stacy Rasgon of Bernstein Research appeared on a CNBC Television interview and discussed the sustainability of ...