$ALAB
astera labs3/10Does he own it?
He calls ALAB one of his "core high conviction ideas from 2025" and tracks a specific entry-to-now price path, hinting he was long it earlier. But he explicitly says he lost conviction on it amid the optical transition, suggesting he exited. No first-person hold/add/size statement and no weight. Currently treats it mainly as a benchmark for other picks.
His thesis
Astera was framed as a leading US CXL/connectivity play and a beneficiary of hyperscaler buildouts, one of his strong 2025 ideas that ran sharply higher. Over time he soured on it because of the industry shift toward optical interconnects, where he favors names like AAOI. By 2026 he mostly cites Astera as a comparison point and notes its graduation into the Nasdaq 100 rather than pushing it as a current buy.
How his view evolved
Early enthusiasm as a top CXL idea faded; he says he lost conviction as the theme moved toward optical interconnects, later referencing it mainly as a benchmark and a past winner.
Key points
- Once a top 2025 conviction idea that rose sharply
- Lost conviction due to the shift toward optical interconnects
- Now used mostly as a comparison for other picks like AAOI
Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $ALAB on X ↗