Are ALAB and AMD correlated?

ALAB and AMD have a 252-day pairwise correlation of 0.57 (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?

No ETF in QuantAbundancia's coverage currently holds both ALAB and AMD.

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: $321.61
Market cap: $55.8B
Sector: Information Technology
30d return: -20.9%
90d return: +170.3%
252d return: -

AMDUS

Advanced Micro Devices, Inc.

Last close: $514.39
Market cap: $839.7B
Sector: Information Technology
30d return: -0.7%
90d return: +132.2%
252d return: -

252-day correlation

0.57moderate

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

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

Data refreshes daily. Last close 2026-08-16.