In early trading on Tuesday, shares of Honeywell International topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.5%.  Year to date, Honeywell International registers a 42.2% gain.

And the worst performing Nasdaq 100 component thus far

Nasdaq 100 Movers: TRI, HONIV

Key PointsMicron's AI memory chips are sold out through 2026 with $100 billion in locked-in contracts.

3 Genius Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before Year-End

Key PointsAstera Labs has a market value of $50 billion, comfortably above S&P’s $22.7 billion minimum, and trades at about 45 times forward earnings.

These 3 AI Stocks Could Soon Enter the S&P 500. Are They Worth Buying Before the Move?

Key PointsCiena and Astera Labs are seeing insatiable demand for their networking and connectivity solutions.

2 AI Stocks Down 48% to 70% to Buy Now and Hold for 10 Years

Key PointsLast week's AI sell-off hit far more than CoreWeave, with Oracle, AMD, Super Micro Computer, and Palantir all falling hard on inflation data and debt-financing fears.

If I Could Only Buy 1 AI Stock in November After This Sell-Off, It Would Be This One.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Power Solutions International Inc (Symbol: PSIX), where a total of 2,847 contracts have traded so far, representing approximately 284,700 underlying shares.  That amounts

Notable Thursday Option Activity: PSIX, ALAB, WDFC

Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States. It offers an intelligent connectivity platform, comprised of semiconductor-based, high-speed, mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors, and COSMOS. The company provides COSMOS software suite, a connectivity system management and optimization software that enables management and optimization of resources for large fleets at cloud-scale via link, fleet, and RAS management capabilities. In addition, it offers PCIe/CXL smart DSP retimers and cable modules; ethernet smart cable modules for cloud and AI infrastructure; CXL memory connectivity controllers; and smart fabric switches. The company serves hyperscalers and system original equipment manufacturers. Astera Labs, Inc. was incorporated in 2017 and is based in San Jose, California.

Astera Labs, Inc. News