---
title: "ALAB Astera Labs"
canonical: "https://supercyclehq.com/stock/astera-labs"
type: "stock"
dataAsOf: "2026-11-06"
ticker: "ALAB"
license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset."
disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI."
---

# Astera Labs (ALAB)

Astera Labs makes connectivity chips for AI data centers.

## AI Exposure Score

**92/100, Pure Play.** Astera Labs sells PCIe retimers, active cables, CXL controllers, and fabric switches that move data between GPUs, CPUs, and memory inside AI servers. Nearly all revenue comes from AI platform deployments at hyperscalers, making it effectively a pure play on cluster buildouts.

## Quote

| Field | Value |
| --- | --- |
| Price (EOD close) | $190.71 |
| Change 1d | +6.26% |
| Change 7d | -26.28% |
| Change 30d | -45.05% |
| Change 1y | +15.24% |
| 52-week high | $483.02 |
| 52-week low | $100.27 |
| Market cap | $33.3B |
| P/E | 75.38 |
| EPS | $2.53 |
| Next earnings | 2026-11-03 |

Quote as of 2026-11-06.

## Company

| Field | Value |
| --- | --- |
| Exchange | NASDAQ |
| Sector | Technology |
| Headquarters | Santa Clara, California |
| CEO | Jitendra Mohan |
| Employees | 756 |
| Website | https://www.asteralabs.com |
| Buildout layers | [Networking & Optics](https://supercyclehq.com/category/networking) |

## What the company does

Astera Labs makes connectivity chips for AI data centers. It earns revenue selling retimers, smart cable modules, and switches that move data between GPUs, CPUs, and memory inside AI servers, mostly to hyperscale cloud providers building AI platforms.

Its product families each solve a data-movement problem: Aries PCIe retimers keep high-speed signals clean over distance, Taurus smart cable modules connect racks, Leo CXL memory controllers let servers share memory, and its AI fabric switches tie accelerators together into clusters.

Founded in 2017 and headquartered in Santa Clara, California, Astera Labs trades on the NASDAQ and employs about 756 people.

## Role in the AI buildout

Astera Labs sits in the Networking & Optics layer of the buildout, in the plumbing between chips. Every AI server needs data moved cleanly between GPUs, CPUs, and memory, and its retimers, cable modules, CXL controllers, and fabric switches do exactly that. Nearly all revenue comes from AI platform deployments at hyperscalers, making it effectively a pure play on cluster buildouts, with an AI Exposure Score of 92 out of 100.

## Tracked investors holding it (13F)

| Investor | Fund | Position value | Portfolio % | Change | Period |
| --- | --- | --- | --- | --- | --- |
| [Whale Rock Capital](https://supercyclehq.com/investors/whale-rock) | Whale Rock Capital Management | $757.3M | 6.08% | new | 2026-06-30 |
| [Gavin Baker](https://supercyclehq.com/investors/gavin-baker) | Atreides Management | $587.7M | 5.27% | trimmed | 2026-06-30 |
| [Light Street Capital](https://supercyclehq.com/investors/light-street) | Light Street Capital Management | $60.7M | 7.14% | new | 2026-06-30 |
| [Ray Dalio](https://supercyclehq.com/investors/ray-dalio) | Bridgewater Associates | $479,156 | 0.00% | trimmed | 2026-06-30 |

## Recent news

- [Astera Labs (ALAB) Stock Dropped, What Is Driving Attention Now?](https://finance.yahoo.com/markets/stocks/articles/astera-labs-alab-stock-dropped-191430073.html?.tsrc=rss) (source, 2026-11-06)
- [Chip Stocks Tumble After Arm, Qualcomm Reports](https://finance.yahoo.com/m/4ffd1fa7-89e8-30b1-8b51-102fb1d0af19/chip-stocks-tumble-after-arm%2C.html?.tsrc=rss) (source, 2026-11-05)
- [BMO Makes Major Bullish Call on Astera Labs](https://finance.yahoo.com/markets/stocks/articles/bmo-makes-major-bullish-call-190450089.html?.tsrc=rss) (source, 2026-11-05)
- [Astera Labs Has Slumped Since June: Why J.P. Morgan Still Sees 157% Upside](https://www.tikr.com/blog/astera-labs-has-slumped-since-june-why-j-p-morgan-still-sees-157-upside?ref=yahoofinance&tlnk=yf-261105-2jhx2mwc&.tsrc=rss) (source, 2026-11-05)
- [Astera Labs Sinks 12%, Dell Technologies Down 8% as Chip Stocks Slide Again](https://www.tikr.com/blog/astera-labs-sinks-12-dell-technologies-down-8-as-chip-stocks-slide-again?ref=yahoofinance&tlnk=yf-261105-3rg9g86j&.tsrc=rss) (source, 2026-11-05)

## FAQ

### What does Astera Labs do?

Astera Labs makes semiconductor connectivity products for AI data centers: retimers, smart cable modules, memory controllers, and switches that move data between GPUs, CPUs, and memory inside AI servers, sold mainly to hyperscalers.

### How is Astera Labs exposed to AI?

Almost entirely. Nearly all its revenue comes from AI platform deployments at hyperscale cloud providers, making it effectively a pure play on AI cluster buildouts. Supercycle gives it an AI Exposure Score of 92 out of 100.

### What are Astera Labs' main products?

Aries PCIe retimers that keep high-speed signals clean, Taurus smart cable modules for rack connections, Leo CXL memory controllers for shared memory, and AI fabric switches that link accelerators into clusters.

### Where is Astera Labs headquartered and who leads it?

Astera Labs is headquartered in Santa Clara, California, and led by CEO Jitendra Mohan. The company was founded in 2017, employs about 756 people, and its shares trade on the NASDAQ.

### Is ALAB a pure play AI stock?

Yes by Supercycle's rating. Its connectivity chips exist for AI server deployments at hyperscalers, which places it in the pure play tier of the leaderboard with an AI Exposure Score of 92 out of 100.

---

Source: https://supercyclehq.com/stock/astera-labs. Data as of 2026-11-06. Prices are end-of-day closes, never live.

Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI.

Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.
