Astera Labs (ALAB): Is the AI-Connectivity Competitor Ready for the S&P 500?

Astera Labs, Inc. (NASDAQ:ALAB) makes the specialized chips and hardware that move data between processors, memory, and accelerators inside AI data centers. At roughly $50 billion in market value, the company is among our list of 9 New Contenders for the S&P 500 Index. It went public in March 2024 and has already turned profitable […]