** Shares of chip firm Astera Labs fall 5.8% to $71.79 after the bell
** ALAB posts wider Q1 loss of $1.77/shr vs 49 cents/shr last year
** However, co reports record quarterly revenue of $65.3 mln, driven by expanding artificial intelligence build-out
** As of last close, ALAB shares more than doubled since debut on March 20
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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