We recently published Jim Cramer’s 20 Bold AI Predictions – See How They Played Out! Astera Labs, Inc. (NASDAQ:ALAB) is one of the stocks Jim Cramer recently discussed.
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Astera Labs, Inc. is a computer hardware company that sells products used in AI servers. Since Cramer’s comments, the shares have gained a whopping 288%. During this time period, Astera Labs, Inc. has seen some turbulence. For instance, its shares fell by 28% during January’s DeepSeek selloff, which saw investors dump AI stocks on the back of worries about lower infrastructure spending. However, in November 2024, Astera Labs, Inc.’s shares had jumped by a whopping 37% after the firm’s third quarter earnings. In August 2025, the shares jumped by another 29% as Astera Labs, Inc.’s Q2 earnings impressed investors. As for Cramer, here’s what he had said about the firm in August 2024:
“The ninth-largest deal of the year is Astera Labs, which makes connectivity solutions for AI and cloud infrastructure—nice buzzwords there, but it sounds enticing. I didn’t like that it spiked 72% right out the gate—I told you so a few days later—just seemed way too expensive.”
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This article is originally published at Insider Monkey.
