On June 15, Astera Labs rose 4.5% in regular trading, trading at $383.44/share, with turnover of $322 million. The stock continues to gain momentum following its confirmed inclusion in the Nasdaq 100 Index, with the adjustment set to take effect on June 22 before market open.

Nasdaq announced the quarterly rebalancing results on June 12, adding Astera Labs alongside CoreWeave, Nebius, Rocket Lab, and Teradyne. The Nasdaq 100 Index is tracked by over 200 investment products globally with more than $800 billion in managed assets, and index inclusion typically triggers mandatory allocation by passive funds, sustaining capital inflows ahead of the effective date.

Simultaneously, the broader semiconductor sector rallied strongly, with Micron Technology up 8.65%, AMD up 8.39%, Marvell Technology up 4.88%, Intel up 4.72%, and NVIDIA up 1.91%, providing additional sector-wide momentum. The company also recently expanded its Taiwan operations and cloud-scale interoperability lab, deepening collaboration with AMD, Arm, Intel, and NVIDIA on AI infrastructure validation.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)