🟢 ALAB is trading 5.1% up today as AI semiconductor rally continues despite insider sales

ALAB is trading 5.1% up today at $313.03, extending a sharp multi-day rally in AI-focused semiconductor names.

• Investors are looking past May 21 disclosures showing Astera Labs executives sold approximately $27 million in stock following a record surge.
• The move reflects sustained optimism surrounding AI and cloud infrastructure demand, which has driven the stock significantly higher over the past week.