🟢 Astera Labs is trading 10% up in pre-market amid broader chip-sector rebound after Thursday’s AI-driven selloff

Astera Labs is trading at $197.50 (+10.05%) amid a broader chip-sector rebound after Thursday’s AI-driven selloff.

• Semiconductor stocks and Nasdaq futures also rose pre-market.
• The rebound followed steep losses amid investor concerns about potential AI regulation and data-center investment.
• Astera Labs’ strong November 3 earnings and outlook are relevant background, but available reports identify no new company-specific catalyst for this morning’s move.