Astera Labs (NasdaqGS:ALAB) Appoints Dr. Craig Barratt To Board As Stock Falls 15% Last Week

Astera Labs (NasdaqGS:ALAB) Appoints Dr. Craig Barratt To Board As Stock Falls 15% Last Week
Astera Labs introduced Scorpio Smart Fabric Switches to boost AI and cloud performance, expanded its Cloud-Scale Interop Lab, and appointed Dr. Craig Barratt to the board. Despite these advancements, their share price fell by 15% due to market concerns.