$Astera Labs(ALAB.US) rose by over six percentage points, and $ON Semiconductor(ON.US), $GlobalFoundries(GFS.US), and $Wolfspeed(WOLF.US) also followed with gains of two to four percentage points. The AI interconnect, power, and foundry segments are all recovering together. $Astera Labs(ALAB.US) holds a more favorable and flexible position within the compute interconnect space. The other stocks are more driven by the overall semiconductor sentiment, with less momentum.
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