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Down 45% From Its 52-Week High, Wall Street Still Loves This Semiconductor Stock
Yahoo Finance· 2025-11-26 18:00
Astera Labs’ share price has been highly volatile this past year, swinging between a 52-week low of $47.13 reached in April this year and a high of $262.90, reached on Sept. 18. After peaking in Sept., the stock has fallen sharply, down 46.1% from its high in just a few months.Astera Labs has been aggressively scaling its next-generation connectivity business: it recently ramped production of its PCIe 6 portfolio, adding gearbox solutions alongside fabric switches, retimers, and active cable modules. On top ...