Latest / Chip Stock Investor Podcast
Why Did Astera Labs, Credo Technology, and Other Hot Stocks "Crash"?
Check out last week's video on ANET, AVGO, & Nvidia: https://youtu.be/FYBaX9tqWAA
<br>Astera Labs and its peer Credo Technology Group is pulling back substantially from recent all-time highs. We dive into the narrative about what's causing the drop—including new product announcements from competitors like Broadcom and Nvidia—and explain the more fundamental reason for the recent volatility: statistics and a hefty valuation.
<br>Astera Labs is a fabless chip designer. Its original product was the PCIe re-timer (a chip that recovers and retransmits degraded data signals in a data center) but…
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