AI Connectivity Stocks Outperform Nvidia: $ASTL, $MRVL Rally

The AI trade is showing signs of broadening, with connectivity stocks Astera Labs and Marvell Technology experiencing notable rallies that surpassed Nvidia's performance on September 4. Astera Labs surged 9.8% and Marvell gained 7.1%, while Nvidia's ascent was limited to 0.8%. This divergence suggests investors are expanding their focus beyond core AI accelerators to include companies that facilitate AI infrastructure. The move in Astera Labs also fueled speculation about its potential inclusion in the S&P 500, though it was not ultimately selected in the latest rebalancing.

### Story Arc / How We Got Here On August 29, 2026, OppHub reported on Nvidia's significant five-year outperformance against Shiba Inu, highlighting the AI chip giant's robust growth driven by AI demand. Today's action in related AI infrastructure plays, like Astera Labs and Marvell Technology, builds on the narrative of sustained investor interest in the AI ecosystem, albeit with a widening scope beyond Nvidia's direct hardware sales. Previously covered at /explore/nvidia-surges-934-in-5-years-vs-shiba-inus-28-drop.

### Tape / Session Read Nvidia (NVDA) traded up 0.8% on September 4, while Astera Labs jumped 9.8% and Marvell gained 7.1%. This performance indicates a broadening of investor interest in the AI trade beyond concentrated chipmakers.

### Why This Lane Matters This shift in investor focus suggests a potential maturation of the AI trade, where capital is flowing into adjacent sectors crucial for AI deployment, such as connectivity. Investors are likely seeking diversified exposure to the AI revolution beyond the primary semiconductor manufacturers.

## $NVDA+WL Technical Analysis & Key Risk Watch — LIVE MARKET CONTEXT for the lane ETF only

On September 4, Nvidia (NVDA) shares rose 0.8%, closing at $208.48. Key levels to watch include resistance at $210.47 and support at $208.34. The stock's RSI-14 stands at 46, indicating neutral momentum, while its volume was 1.16 times its 20-day average. The 50-day moving average is $207.65, and the 200-day moving average is $195.34.