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Astera Labs Inc. (NASDAQ:ALAB) is one of the

14 Stocks That Will Skyrocket.

Another stock part of Abeyta’s newsletter, this one’s pitched as the one that “plays a vital role in solving one of the biggest bottlenecks in the AI industry.” Naturally, it’s also part of the AI infrastructure, and according to Abeyta, the firm is responsible for the communication between the processors that work inside an AI data center. In fact, as the AI buildout accelerates even more, this firm could become “one of the most critical players in the entire AI industry,” says the author.

Pixabay/Public Domain

Johnson is cautiously optimistic that the stock being talked about in the newsletter is Astera Labs Inc. (NASDAQ:ALAB). The firm provides connectivity products that rely on microcontrollers, sensors, and its COSMOS suite. The shares are up by 180% over the past year and by 11% year-to-date. RBC Capital discussed Astera Labs Inc. (NASDAQ:ALAB)’s stock on April 21st. It raised the share price target to $250 from $225 and kept a Buy rating on the shares. The financial firm commented that the connectivity company could benefit from a growth in usage of Amazon’s Trainium chips.

While we acknowledge the potential of ALAB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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