Core Insights - Astera Labs, Inc. (NASDAQ:ALAB) is recognized as one of the top 10 American AI stocks to buy according to analysts, with Stifel raising its price target from $174 to $185 while maintaining a Buy rating [1] - Stifel anticipates that Astera Labs will provide a higher outlook for the December quarter and achieve record quarterly revenues [1] Revenue Composition - The product mix for Astera Labs is expected to shift significantly in 2025, with Aries PCIe retimers, which constituted over 90% of revenue in 2024, projected to account for approximately 72% to 77% of total revenue in 2025 [2] - New product lines, including Scorpio Smart Switch Fabric and Taurus Ethernet smart cable modules, are expected to contribute more than 10% to the company's revenue [2] Product Portfolio Expansion - The Leo CXL smart controllers are projected to represent less than 5% of Astera Labs' revenue in 2025, an increase from less than 1% in 2024, indicating an expanding product portfolio [3] - Astera Labs specializes in semiconductor technology, providing rack-scale AI infrastructure through purpose-built connectivity solutions [3]