AI Infrastructure Stocks to Watch
Astera Labs (NASDAQ: ALAB) reported a 93% year-over-year revenue increase to $308.4 million for Q1 of fiscal 2026 and expects Q2 revenue between $355 million and $365 million. The company specializes in high-speed connectivity solutions for AI applications and anticipates over $1,000 in revenue per AI processor deployed. Meanwhile, Marvell Technology (NASDAQ: MRVL) anticipates a more than 30% revenue growth in fiscal 2027 to nearly $11 billion, following a $2 billion investment from Nvidia to enhance its AI chip capabilities.
Credo Technology (NASDAQ: CRDO) also experienced significant growth with a 201% increase in revenue to $407 million in fiscal 2026 Q3, projecting Q4 revenue between $425 million and $435 million. The firm is expanding its offerings in AI connectivity with a $750 million acquisition of DustPhotonics, aiming to strengthen its optical networking capabilities.
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