Astera Labs, a leading provider of semiconductor-based connectivity solutions, saw its stock price jump after unveiling new fabric switches specifically designed for AI workloads. The new Scorpio switch portfolio, designed for both GPU connectivity and back-end GPU clustering, has been praised by analysts for its potential to revolutionize AI infrastructure deployment.
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Jim Cramer shared his insights on various stocks on his ‘Mad Money’ show, including CloudFlare, Axon Enterprise, First Solar, Vista Energy, Crown Castle, Astera Labs, and Liquidia. He provided analysis and recommendations for each company, discussing their financial performance, growth prospects, and investment potential.