Astera Labs expects fourth-quarter revenue to be between $126 million and $130 million. The company sees adjusted earnings per share in the range of 25 cents to 26 cents.

Shares of Astera Labs (ALAB) are surging after the semiconductor connectivity company debuted new switches that are purpose-built for AI infrastructure. Market Domination Hosts Josh Lipton and ...

Astera Labs (NASDAQ: ALAB) is heading lower Wednesday following the company's first-quarter earnings report yesterday. The connectivity tech specialist's share price was down 4.7% as of 12:20 p.m. ET.