ALAB is trading at $171.30 (+4.20%) after Morgan Stanley named it a top semiconductor pick for 2026 alongside Nvidia and Broadcom, citing AI and data center strength.
- Zacks highlights strong PCIe and NVLink demand driving growth.
- The current move extends last Friday's significant 12.7% surge to $164.40.
- Gains align with the broader tech/AI rally, as NASDAQ rises 0.63%.