10 AI Stocks on Latest News and Ratings

7. Astera Labs, Inc. (NASDAQ:ALAB)

Number of Hedge Fund Holders: 39

Astera Labs, Inc. (NASDAQ:ALAB) is engaged in the design, manufacture, and selling of semiconductor-based connectivity solutions for cloud and AI infrastructure. On January 28, Morgan Stanley analyst Joseph Moore lowered the firm’s price target on the stock to $114 from $142 and kept an “Equal-Weight” rating on the shares. The analyst said that the emergence of DeepSeek and its advancements in artificial intelligence are impressive and could have “deflationary” impacts. It further said that even though the stock market reaction itself was surprising, the real area of focus should be what happens after. The broad market sell-off could lead to actions such as tighter controls, or even reduced spending. Morgan Stanley has therefore trimmed its price targets for semiconductor suppliers exposed to AI but remains positive on the group.