ALAB is outperforming last year's ARM in a wild way

zookie
03-26

In contrast with $NVIDIA Corp(NVDA)$ ….hard to say

$Astera Labs, Inc.(ALAB)$ is outperforming last year's ARM in a wild way. With ARM's current valuation sky-high, there's not much big money willing to bet on it.

Astera Labs' main product is all about data and memory connection semiconductors. By designing and providing these crucial semiconductors, Astera Labs boosts the efficiency and speed of connections between various software and hardware components within data centers.

This helps cloud service providers and business clients link their server chips, memory, storage, and network devices more effectively, enabling data centers to better support AI computing and other high-performance computing needs.

This optimization speeds up data transmission and processing, ultimately enhancing the performance and responsiveness of AI applications. Despite Astera Labs' AI segment growing by a whopping 100%, ARM still holds a massive share in traditional business volumes.

ALAB Pullback? Time to Add or Exit?
Astera Labs rose to $95 but then pulled back with the broader market. ---------------- Is a good time to add or exit? Backed up with big guys, will the chip company repeat trend of ARM? What's your target price for Astera Labs?
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