Shares of Astera Labs (ALAB) are surging during its market debut, having even earned an endorsement from Nvidia's (NVDA) Jensen Huang, WSJ reported. According to Bloomberg, Astera's entry is the 4th largest listing in the US this year.

Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for Astera Labs.

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Editor's note: This article was written by Nicholas Jacobino