Shares of Astera Labs Inc. (ALAB) shed their intraday gains of nearly 2.5% on Wednesday to end the day flat after a report suggested that Nvidia Corp.’s (NVDA) next-generation artificial ...

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.

The introduction of Scorpio Smart Fabric Switches expands Astera Labs’ market opportunity to $12 billion by 2028. Astera Labs could utilize its leading market share in PCIe retimers to grow ...