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Astera Labs shares sink 10% as revenue comes up short of some expectations

February 11, 2026 at 12:05 AM
By CNBC
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The semiconductor company beat consensus estimates, but shares plunged as CFO Mike Tate announced that he will be stepping down next month.

Analysis & Context

The semiconductor company beat consensus estimates, but shares plunged as CFO Mike Tate announced that he will be stepping down next month. Astera Labs shares sink 10% as revenue comes up short of some expectations. Stay informed with the latest developments and expert analysis on this important story.

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The semiconductor company beat consensus estimates, but shares plunged as CFO Mike Tate announced that he will be stepping down next month.

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