🟢 Astera Labs is trading 8.1% up today as chip stocks rally and AI rotation resumes

Astera Labs is trading 8.1% up today at $7.48 as semiconductor shares rally and investors rotate back into high-valuation AI names.

• The move follows a sharp sector rebound, with chip ETFs up over 4%.
• This rally reverses a recent selloff that pushed the stock down 4% on July 20, 2026, amid profit-taking in AI and fabless semiconductor stocks.