Astera shares rise 15.28% intraday on Scorpio X-Series AI upgrades and Q4 earnings anticipation.

Astera Labs (ALAB) surged 15.28% intraday following the announcement of significant upgrades to its Scorpio X-Series for AI infrastructure and hyperscale data centers. The enhancements, including higher radix support, in-network computing, and hyperscaler-specific optical connectivity, position the company to strengthen its role in complex AI deployments. The news aligns with growing demand for AI infrastructure solutions and reinforces Astera’s strategic focus on reducing integration barriers for large cloud customers. Investors may also be anticipating the company’s Q4 earnings report on February 10, 2026, which could provide further clarity on revenue performance and AI demand trends. The product refresh underscores Astera’s competitive positioning in a high-growth sector, likely driving immediate bullish sentiment.