Astera Labs, Inc. (NASDAQ:ALAB), an AI connectivity specialist, faces a critical market juncture as competition intensifies and lofty valuations test investor patience. While the company is positioned to tap multi-billion-dollar opportunities with next-generation PCIe and UALink chips, potentially driving billions in content revenue from major cloud clients, its shares have pulled back amid concerns that much of this growth is already priced in. Bank of America analyst Vivek Arya initiated coverage on As ...