Astera Labs has announced the expansion of its Cloud-Scale Interop Lab to enhance the deployment process of next-generation PCIe 6.x AI platforms through comprehensive interoperability testing. The Scorpio Smart Fabric Switches are crucial in enabling robust connectivity essential for maximizing AI workload performance in hyperscale systems. The lab's rigorous testing of diverse PCIe 6.x components, including GPUs, CPUs, and SSDs, assists customers in minimizing interoperability risks, reducing development time, and lowering costs. This initiative reflects Astera Labs' commitment to advancing the PCIe ecosystem and accelerating the deployment of AI and cloud infrastructure solutions.

• Astera Labs (NasdaqGS:ALAB) last closed at $65.32 down 5.1%.

Elsewhere in the market, Intel (NasdaqGS:INTC) was a notable mover up 14.6% and ending the day at $23.70. On Wednesday, Intel appointed Lip-Bu Tan as CEO, effective March 18, 2025. In the meantime, Astera Labs (NasdaqGS:ALAB) softened, down 5.1% to finish the session at $65.32. This week, the company announced the expansion of its Cloud-Scale Interop Lab to enhance PCIe 6.x AI platform deployment with Scorpio Smart Fabric Switches.

Intel's investment in AI and next-gen tech aims to boost growth and stability. Discover the full narrative on Intel's strategic initiatives and potential impacts here.

For more on this topic, be sure to check out our Market Insights article, "DeepSeek and Trump’s EOs: The Winners And Losers," which explores how DeepSeek's innovative R1 model could shift the landscape for AI chip investments by highlighting potential efficiency gains and subsequent impacts on the AI industry.

Best AI Chip Stocks

• NVIDIA (NasdaqGS:NVDA) closed at $115.58 down 0.1%. This week, NVIDIA announced enhancements to its RTX neural rendering technologies and Block Inc. will deploy its DGX SuperPOD for advanced AI research.
• QUALCOMM (NasdaqGS:QCOM) finished trading at $151.94 down 0.6%, near its 52-week low.
• Advanced Micro Devices (NasdaqGS:AMD) ended the day at $98.11 down 2.7%, hovering around its 52-week low. On Tuesday, AMD announced the launch of its 5th Gen EPYC™ Embedded processors, optimized for high performance and energy efficiency in embedded systems.

Summing It All Up

• Explore the 52 names, such as JCET Group, Tokyo Electron and Lam Research, from our AI Chip Stocks screener here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

• Simply Wall St
• "Astera Labs Expands Interoperability Leadership to Propel Next-Gen PCIe 6.x Ecosystem" from ASTERA LABS, INC. on GlobeNewswire (published 13 March 2025)

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