<p><strong>Astera Labs</strong>(ALAB -1.43%) 的股票在本周交易中遭遇了两位数的抛售。该公司的股价在此期间下跌了 19.3%。与此同时，<strong>标准普尔 500 指数</strong> 和 <strong>纳斯达克综合指数</strong> 分别下跌了 0.3% 和 0.7%。</p>
<p>尽管本周 Astera Labs 的抛售没有任何新的、与业务相关的消息，但由于市场普遍的估值担忧，该公司的估值下滑。标准普尔 500 指数和纳斯达克综合指数的下跌在整体上相对温和。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzUzOTAvZ2V0dHlpbWFnZXMtMTE2Nzc5NzAyNC5qcGcmdz03MDA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzUzOTAvZ2V0dHlpbWFnZXMtMTE2Nzc5NzAyNC5qcGcmdz03MDA"/></p>
<p>图片来源：Getty Images。</p>
<h2>Astera Labs 股票下跌，投资者关注估值警告</h2>
<p>本周早些时候，在罗德岛发表讲话时，美联储主席杰罗姆·鲍威尔表示，许多指标显示股票的估值非常高。这些评论是针对美联储最近决定降低美国基准利率的。</p>
<p>虽然较低的利率通常与股票的强劲表现相对应，但鲍威尔的评论引发了投资者的担忧，认为股票估值可能已经不合理地被拉伸。投资者对鲍威尔言论的反应是广泛抛售依赖于增长的股票，Astera 也因此经历了大幅的估值收缩。</p>
<h2>Astera Labs 接下来会怎样？</h2>
<p>尽管 Astera Labs 的股票本周遭遇了大幅的估值回撤，但其股价在 2025 年仍上涨了 49%。随着人工智能（AI）趋势的推动，该公司的估值不断上升，推动其芯片和其他连接解决方案的需求以令人鼓舞的速度增长，可能为长期估值扩张奠定基础。</p>
<p>在第二季度的更新中，Astera Labs 预计当前季度的销售额将在 2.03 亿到 2.1 亿美元之间——这意味着在指导范围中点的年增长率约为 83%。尽管 Astera Labs 展现出强劲的扩张势头，但该股票仍伴随着较高的风险，目前公司的估值约为今年预期销售额的 42 倍。</p>

ALAB

<p>Astera Labs 的股票本周暴跌 19.3%，尽管标准普尔 500 指数和纳斯达克指数仅小幅下跌，但市场对整体估值的担忧加剧。美联储主席杰罗姆·鲍威尔关于高股票估值的言论导致投资者抛售，尤其是成长型股票。然而，Astera 的股票在 2025 年仍上涨了 49%，这主要得益于对人工智能的需求。公司预计第二季度销售额将在 2.03 亿至 2.1 亿美元之间，显示出约 83% 的强劲同比增长。尽管增长潜力巨大，但该股票风险显著，预计销售额的估值为 42 倍</p>

<p><strong>Astera Labs</strong>(ALAB -1.43%) stock got hit with a double-digit sell-off across this week's trading. The company's share price fell 19.3% over the period. Meanwhile, the <strong>S&amp;P 500</strong> and the <strong>Nasdaq Composite</strong> declined 0.3% and 0.7%, respectively.</p>
<div class="lb-trans"><p><strong>Astera Labs</strong>(ALAB -1.43%) 的股票在本周交易中遭遇了两位数的抛售。该公司的股价在此期间下跌了 19.3%。与此同时，<strong>标准普尔 500 指数</strong> 和 <strong>纳斯达克综合指数</strong> 分别下跌了 0.3% 和 0.7%。</p>
</div><p>While there wasn't any fresh, business-specific news behind Astera Labs' sell-off this week, the company's valuation headed lower in response to widespread valuation concerns that impacted the market. Declines for the S&amp;P 500 and the Nasdaq Composite were relatively mild in the grand scheme of things.</p>
<div class="lb-trans"><p>尽管本周 Astera Labs 的抛售没有任何新的、与业务相关的消息，但由于市场普遍的估值担忧，该公司的估值下滑。标准普尔 500 指数和纳斯达克综合指数的下跌在整体上相对温和。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzUzOTAvZ2V0dHlpbWFnZXMtMTE2Nzc5NzAyNC5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F835390%2Fgettyimages-1167797024.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Astera Labs stock sinks as investors heed valuation warning</h2>
<div class="lb-trans"><h2>Astera Labs 股票下跌，投资者关注估值警告</h2>
</div><p>Speaking in Rhode Island earlier this week, Federal Reserve Chair Jerome Powell suggested that stocks look highly valued by many metrics. The comments came in reference to the Fed's recent decision to cut the U.S.'s benchmark interest rates.</p>
<div class="lb-trans"><p>本周早些时候，在罗德岛发表讲话时，美联储主席杰罗姆·鲍威尔表示，许多指标显示股票的估值非常高。这些评论是针对美联储最近决定降低美国基准利率的。</p>
</div><p>While lower rates typically correspond with stronger performance for stocks, Powell's comments raised concerns among investors that equity valuations could already be unreasonably stretched. The response to Powell's statements from investors was widespread selling out of growth-dependent stocks, and Astera saw a big valuation contraction as part of the trend.</p>
<div class="lb-trans"><p>虽然较低的利率通常与股票的强劲表现相对应，但鲍威尔的评论引发了投资者的担忧，认为股票估值可能已经不合理地被拉伸。投资者对鲍威尔言论的反应是广泛抛售依赖于增长的股票，Astera 也因此经历了大幅的估值收缩。</p>
</div><h2>What's next for Astera Labs?</h2>
<div class="lb-trans"><h2>Astera Labs 接下来会怎样？</h2>
</div><p>Even though Astera Labs stock got hit with a big valuation pullback this week, its share price is still up 49% in 2025. The company's valuation has marched higher, as artificial intelligence (AI) trends have helped push demand for its chips and other connectivity solutions have risen at an encouraging pace, potentially setting the stage for long-term valuation expansion.</p>
<div class="lb-trans"><p>尽管 Astera Labs 的股票本周遭遇了大幅的估值回撤，但其股价在 2025 年仍上涨了 49%。随着人工智能（AI）趋势的推动，该公司的估值不断上升，推动其芯片和其他连接解决方案的需求以令人鼓舞的速度增长，可能为长期估值扩张奠定基础。</p>
</div><p>With its Q2 update, Astera Labs guided for sales in the current quarter to come in between $203 million and $210 million -- suggesting year-over-year growth of roughly 83% at the midpoint of the guidance range. While Astera Labs is posting strong expansion momentum, the stock still comes with a high degree of risk, with the company currently valued at approximately 42 times this year's expected sales.</p>
<div class="lb-trans"><p>在第二季度的更新中，Astera Labs 预计当前季度的销售额将在 2.03 亿到 2.1 亿美元之间——这意味着在指导范围中点的年增长率约为 83%。尽管 Astera Labs 展现出强劲的扩张势头，但该股票仍伴随着较高的风险，目前公司的估值约为今年预期销售额的 42 倍。</p>
</div>

Why Astera Labs Stock Plummeted This Week

- Astera Labs 股价本周下跌 19.3%，受市场估值担忧影响。  
- 美联储主席鲍威尔提到股票估值过高，引发投资者抛售。  
- 尽管面临回调，Astera Labs 2025 年股价仍上涨 49%。  

为什么 Astera Labs 的股票在本周大幅下跌