On June 18, Astera Labs rose 3.57% in regular trading, trading at $390.87/share, with turnover of $180 million.

On the news front, Nasdaq previously announced its quarterly rebalancing results, confirming Astera Labs will be added to the Nasdaq 100 Index, with the change set to take effect before market open on June 22. The Nasdaq 100 Index is tracked by over 200 investment products globally with assets under management exceeding $800 billion. With just two trading days remaining before the effective date, mandatory allocation requirements from passive funds continue to drive capital inflows into the stock.

Simultaneously, the broader semiconductor sector rallied sharply on the same day, with Intel up 10.23%, Micron Technology up 5.98%, AMD up 4.27%, and Broadcom up 3.5%, providing additional momentum through sector-wide linkage.

(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.)