US Stock Movement: Astera plunges on October 7th due to rising US Treasury yields, high-level correction, and AI power supply bottleneck

Astera October 7: Sharp Drop Analysis

Keywords: Rising US Treasury yields, High-level correction, AI power supply bottleneck

1. On October 7, rising US Treasury yields led to weakness in Dow Jones futures and S&P 500 index futures. AI and high-valuation tech stocks came under pressure during trading, with ALAB falling as much as 6.33% at one point.

2. As of October 6, ALAB had risen approximately 118% year-to-date, significantly outperforming the technology sector. Against a backdrop of high valuations, short-term profit-taking intensified the stock price correction.

3. On October 7, industry data projected that US data centers will face a power shortfall of about 32GW by 2028. This power bottleneck could limit the expansion of AI infrastructure supply chains such as ASIC, storage, and optical modules, increasing growth uncertainty for related companies.

(Disclaimer: This content is generated by AI technology based on publicly available information and is for reference only; it does not constitute investment advice.)