Optical Stocks Tumble as Astera Labs Leads Selloff

Astera Labs is leading losses across the optical communication sector today, dragging down the broader industry. The chipmaker's decline is weighing heavily on other players in the space, signaling investor concerns about the segment's near-term outlook. Optical communication stocks have become a key focus for traders monitoring semiconductor and networking trends. The selloff reflects broader market volatility in tech-heavy sectors as investors reassess growth expectations.