10 Stocks Jim Cramer Mentioned As He Talked About “Love Lost” Between Microsoft & OpenAI

4. Astera Labs, Inc. (NASDAQ:ALAB

Number of Hedge Fund Holders In Q1 2025: 45

Astera Labs, Inc. (NASDAQ:ALAB) is a semiconductor company that makes and sells connectivity chips used in enterprise computing and AI. Its shares have gained 32% year-to-date and jumped by 32% in August alone on the back of its second-quarter earnings report. The results saw Astera Labs, Inc. (NASDAQ:ALAB) revenue grow by a whopping 150% annually to convince investors about the merits of its presence in the AI industry. Cramer regretted being unable to find the time to discuss Astera Labs, Inc. (NASDAQ:ALAB)  in his Stop Trading segment:

“Carl, had I had a chance to do a Stop Trading I would have mentioned Astera Labs, ALAB, up 43. Lot of that is because the NVIDIA deal they signed in May but I don’t have any time to talk about that.”

Here are his previous thoughts about Astera Labs, Inc. (NASDAQ:ALAB):

“Okay, Astera Labs is a company that is incredibly well run, that has tremendous growth, but like many other companies, that stock has come down in value. I actually think it’s a good place to buy, given the fact that so many of these other stocks actually even have higher price-to-earnings multiples.”