Astera Labs earnings on deck: Can AI chip rally continue? By Investing.com

Astera Labs is set to report Q2 earnings, with investors keen to see if the AI connectivity chip maker can maintain its strong growth, despite moderated analyst expectations. The company, a key supplier in AI infrastructure, faces scrutiny on exceeding guidance, gross margins, and early traction for its new Scorpio X-Series switch. Its stock has seen significant rebound but analysts foresee modest downside from current levels.