🟢 Astera Labs is trading 10.81% up today after NVIDIA’s $12.93 billion Hugging Face acquisition

Astera Labs is trading at $8.20 (+10.81%), benefiting from broad semiconductor strength and renewed AI-infrastructure enthusiasm.

• SOXX was up 3.05% during regular trading.
• The rally follows NVIDIA’s $12.93 billion Hugging Face acquisition; Reuters reported the deal expands NVIDIA’s position in open-source AI models.
• Astera Labs has no clearly reported September 4 company-specific catalyst; its August earnings beat and strong Q3 outlook remain supportive background.