Astera Labs is trading 6.9% down now at $297.97 after overnight weakness across AI and technology shares.
- Nasdaq-100 futures were down 0.68% on August 18, 2026, while semiconductor stocks broadly sold off as rising bond yields and Middle East tensions pressured high-growth technology valuations.
- The decline appears sector- and macro-driven rather than company-specific.
- SOXX fell 2.78% during regular trading, while the Nasdaq Composite fell 1.33%.