Astera Labs (ALAB) Stock Skyrockets on AI Boom – Nvidia & AMD Partnerships Fuel Frenzy
Stock Rally & Market Sentiment Astera Labs has emerged as a hot AI infrastructure stock in 2025. After its mid-2023 IPO at ~$36, ALAB surged through 2024 and 2025, briefly topping $262 (Sept 18, 2025) before a broader tech sell-off in October ts2.tech. On Oct 14 the stock fell roughly 14% intraday (trading near $170) amid market volatility Ainvest. Despite…