Astera Labs forecasts 65% revenue growth by 2025, driven by new AI products and custom racks using merchant GPUs. Astera Labs' addressable market could reach $12B by 2028, with increased demand ...

Astera Labs got a warm reception in its Wall Street debut Wednesday, giving investors yet another hot chip play to consider.

(Bloomberg) -- Astera Labs Inc. jumped 72% in its trading debut after the semiconductor connectivity company’s initial public offering topped expectations to raise $713 million, adding momentum ...

Astera Labs (NASDAQ:ALAB) has firmly cemented itself as a beneficiary of the artificial intelligence spending boom, as evidenced by its latest quarterly results, according to Wall Street. And ...

Astera Labs reports fourth-quarter revenue of $141.1 million, beating analyst estimates of $127.98 million. Astera reports adjusted fourth-quarter earnings of 37 cents per share, beating analyst ...

The California-based chip connectivity firm has seen growth every quarter after investing in emerging semiconductor technology. Astera Labs’ rising star has not dimmed even as a softening global ...

Evercore ISI raised the firm’s price target on Astera Labs (ALAB) to $123 from $110 and keeps an Outperform rating on the shares. Shares were trading 4% lower despite December quarter revenue ...

Feb. 10, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for cloud and AI infrastructure, today announced preliminary ...