On July 15, Astera Labs rose 3.05% overnight, trading at $372.80/share, with turnover of $2.29 million.

The rebound was primarily driven by the continued recovery across the semiconductor sector, with peers Intel rising 2.99%, Advanced Micro Devices up 1.71%, Micron Technology up 1.59%, and Broadcom up 1.27%, reflecting sustained improvement in industry sentiment. On July 13, the stock had dropped over 6% under pressure from director-related trust and personal share sale plans totaling over $170 million, including MAR 2011 Childrens Trust planning to sell 170,000 shares, Director Manuel Alba planning to sell 150,000 shares, and CASA ALAMEDA 2007 LLC planning to sell 33,000 shares. The stock rebounded 6.04% on July 14 as optical communication stocks recovered broadly. This overnight session continuation reflects ongoing capital rotation back into the stock as short-term selling pressure is being digested and systematic sector repair extends.

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