Loading…
Loading…
ALAB rides on strong Taurus demand as AI infrastructure spending fuels growth, expands its connectivity portfolio and supports upbeat revenue guidance.
Class A shares of the Alger Capital Appreciation Fund outperformed the Russell 1000 Growth Index during the second quarter of 2026. Nebius Group has positioned itself as a leading next-generation cloud provider purpose-built for machine learning and high-performance computing workloads. Netflix's shares detracted from performance during the quarter despite first-quarter results that beat on revenue and held full-year guidance intact.
Investors chasing artificial intelligence exposure in July have piled into the usual suspects: chipmakers, hyperscalers, and the mega-cap software giants.
Wall Street now carries 18 Buy ratings, eight Holds, and no Sells, while management reaffirmed $355-365 million quarterly revenue guidance. PCIe 6 products already contribute more than one-third of revenue, while 36% non-GAAP operating margins demonstrate strong operating leverage. Analysts raised EPS estimates 21 times and revenue estimates 20 times without a single downward revision, supporting 82% 2026 revenue growth expectations.
Chip stocks surged and early Q2 reports crushed expectations, but the bigger question is whether this momentum can hold as the week's heaviest hitters prepare to report.
News Highlights: Expanded Taurus family adds 3.2T Ethernet Smart Retimers and Smart Redrivers for scale-up and scale-out AI infrastructure. Sampling industry-first Smart Retimers and Smart Redrivers built on the OCP Signal Conditioner Standard Footprint.
Astera Labs currently shows more consistent upward revenue momentum than Intel. Astera Labs delivered consecutive quarter-over-quarter revenue increases, while Intel saw its revenue fluctuate within a relatively flat range.
Astera Labs currently demonstrates a clearly stronger and more consistent upward revenue trajectory when compared directly to the declining numbers reported by Navitas. Over the last eight periods, Astera Labs has recorded steady quarter-over-quarter revenue expansion, whereas Navitas has experienced a sequence of consecutive quarter-over-quarter declines.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for ALAB and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.