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0 0.000954198473282298 0.000954198473282298 0.00101781170483458 0.00343511450381674 0.00502544529262081 0.00216284987277338 0.00508905852417292
Stock impact report

Here's Why Astera Labs (ALAB) Jumped Around 8% on New Year [Yahoo! Finance]

Astera Labs, Inc. (ALAB) 
Company Research Source: Yahoo! Finance
than 7.9% since the new year eve till market close on Friday, January 2, 2026. The jump reflects the renewed investor confidence in the semiconductor space, as the Philadelphia Semiconductor Index also rose 4% during the same time. Earlier on December 30, Stacy Rasgon of Bernstein Research appeared on a CNBC Television interview and discussed the sustainability of the chips trade in 2026. Rasgon noted that in 2025, he advised investors to look for high-quality AI names as they were performing well. He sees the AI theme getting even stronger in 2026, driven by optimistic estimates by tech companies, which suggest significant room for growth. Rasgon added that the valuation of most of the semiconductor stocks is not inflated, considering the growth potential. Moreover, he noted that the AI theme has continued to perform well despite the valuation concerns throughout 2025, suggesting that valuation was never an actual concern. That said, Wall Street maintains a positive outlook on Show less Read more
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