🔴 Astera Labs is trading 10.67% down today as semiconductor stocks sell off

Astera Labs is trading at $6.28, down -10.67%, amid a semiconductor selloff.

• SOXX is down 4.20%, amid concerns about Lam Research’s cautious outlook and returns on AI spending.
• Broader technology weakness and rising geopolitical risk are adding pressure.
• Available coverage points to sector and market sentiment rather than a specific Astera Labs announcement.