Are ALAB and AMD correlated?

ALAB and AMD have a 252-day pairwise correlation of 0.65 (moderate). Values above 0.6 indicate the two stocks tend to move together as part of the same capital flow; below 0.4 they're largely independent.

Do ALAB and AMD share any ETFs?

Yes - 1 ETFs hold both ALAB and AMD, including SOXX.

Which bubbles or themes do ALAB and AMD share?

ALAB and AMD share these AI-supercycle groupings: AI Inference (theme).

Stock comparison

ALAB vs AMD

Astera Labs, Inc. and Advanced Micro Devices, Inc.

ALABUS

Astera Labs, Inc.

Last close: $190.71
Market cap: $33.3B
Sector: Information Technology
30d return: -47.7%
90d return: -55.7%
252d return: -

AMDUS

Advanced Micro Devices, Inc.

Last close: $449.04
Market cap: $736.5B
Sector: Information Technology
30d return: -28.8%
90d return: -17.0%
252d return: -

252-day correlation

0.65moderate

Pearson correlation of daily log-returns over the last 252 trading days. >0.6 = tight (move as one bloc); 0.4-0.6 = thematic linkage;<0.4 = largely independent. See the full matrix.

Shared context

Themes

AI Inference

ETFs (1)

SOXX

Want the full picture? ALAB stock page · AMD stock page · full correlation matrix

Data refreshes daily. Last close 2026-11-08.