Astera Labs, Inc. - Common Stock (ALAB)

The selloff came as investors repriced risk across equities amid fears of persistently higher rates, sparked by soft demand at the 20-year Treasury auction.

Wall Street paused after six green sessions. Tesla (TSLA) rose slightly after Musk reaffirmed his CEO role. Amer Sports (AS) surged 19%.

Nvidia plans to sell semicustom AI systems that use central processing units and AI chips from competitors. Nvidia stock is near a buy point.

Large-cap stocks surged in the last week. CoreWeave, Super Micro, Coinbase, NRG Energy, Astera Labs, First Solar, Exelixis, Rocket Lab, Hims & Hers, On Holding and Gap were the top performers.

Semiconductor stocks, including AI chip leader Nvidia, wavered Monday as investors deliberated buying the dip vs. catching a falling knife.

This comes days after Raymond James analysts gave the company’s stock a thumbs-up. They initiated coverage with an ‘Outperform’ rating and a price target of $82.

The semiconductor industry was buzzing last week with earnings and tech announcements.

Markets bounced back in early afternoon trading Tuesday as Ukraine signaled its readiness to accept a U.S.-backed proposal for a 30-day ceasefire, an agreement that could be extended if both sides comply.

The semiconductor industry was buzzing last week with earnings and tech announcements.

The investor response to a beat-and-raise earnings report from Credo Technology is the latest sign that interest in AI stocks has waned.

After a third weak year for the IPO market, investors are eyeing more robust launches of tech IPO stocks. Here's what needs to happen.