AI Chip Surge: Astera Labs Stock Soars While GlobalFoundries Gains

Reported 20 days ago

Astera Labs (ALAB) saw its stock soar by nearly 30% after exceeding third-quarter earnings expectations and raising its full-year guidance, while GlobalFoundries (GFS) also experienced a rise in shares despite missing their earnings estimates. Analysts discuss the contrasting performance of these stocks in the market.

Source: YAHOO

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