Astera Labs announces first AI-centric PCIe Gen 6 switch, shares surge

Investing.com10-09

Investing.com -- Astera Labs Inc (NASDAQ:ALAB) announced on Tuesday the Scorpio PCIe Gen 6 Switch (NYSE:SWCH), a product that has been hinted at over the past few months. The company’s shares surged ...

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It is also the first Gen 6 product available on the market, where the previous generation was largely dominated by Broadcom .Boeing halts talks, withdraws pay offer t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","LU0444971666.USD":"天利全球科技基金","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","IE00BMPRXQ63.HKD":"NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND \"A\" (HKDHDG) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","BK4581":"高盛持仓","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","BK4504":"桥水持仓","EGOV":"NIC Inc","QID":"纳指两倍做空ETF","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","BK4127":"投资银行业与经纪业","ALAB":"Astera Labs, Inc.",".IXIC":"NASDAQ Composite","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","TQQQ":"纳指三倍做多ETF","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","AVGO":"博通","BK4534":"瑞士信贷持仓","SWCH":"Switch Inc.","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","GEN":"GEN DIGITAL INC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4588":"碎股","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","SQQQ":"纳指三倍做空ETF","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC"},"translate_title":"Astera Labs宣布首款以AI为中心的PCIe Gen 6交换机，股价飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALAB":1,"GEN":1,"EGOV":1,"SWCH":1,".IXIC":0.76,"AVGO":0.7,"TQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Investing.com -- Astera Labs Inc (NASDAQ:ALAB) announced on Tuesday the Scorpio PCIe Gen 6 Switch (NYSE:SWCH), a product that has been hinted at over the past few months.\nThe company’s shares surged over 12% in premarket trading Wednesday.\nEven though the company is in a quiet period and plans to provide more details during its November earnings call, the new switch is expected to significantly boost content per GPU, adding hundreds of dollars per unit, according to Morgan Stanley\n\"While the exact content details are unknown, this new product is incrementally positive to our financial forecast, and for a company doing ~$500mn in revenues this new product should be meaningful to CY25 revenue and earnings,” the firm’s analysts said in a note.\nThe Scorpio switch is currently in pre-production, with more information on its timing expected in November. It is also the first Gen 6 product available on the market, where the previous generation was largely dominated by Broadcom (NASDAQ:AVGO).\nThe analysts noted that Astera has historically been able to stay at the forefront of technological advancements, which has helped it gain market share. However, the switch market remains competitive, especially with Broadcom's strong presence. Although Astera is the first to announce, Morgan Stanley expects competitors to follow with similar announcements soon.\nNonetheless, given that the AI technology is leading to frequent upgrades to the PCI Express standard, this “should open up new opportunities for Astera,” analysts said.\n“It took 25 years to move from PCI gen 1 to gen 5, but we now appear to be on a much quicker cadence,” they noted.\n\"We believe this is a reason to buy the stock, and listed new products as a key catalyst in our recent upgrade.\"\nThe ongoing concerns around Blackwell content have pressured the stock, but this announcement should help alleviate those concerns, especially with the GB200 PCI Gen 6 connections from CPU to NIC (NASDAQ:EGOV).\nRelated Articles\nAstera Labs announces first AI-centric PCIe Gen 6 switch, shares surge\nRio Tinto goes all in on lithium with $6.7 billion Arcadium buy\nBoeing halts talks, withdraws pay offer to union as strike drags on","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"productRelease","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2474241210"}