astera labs
AI
Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
4:30 pm PDT • March 20, 2024
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per…
Featured Article
Astera Labs IPO will reveal how much investors want in on AI
While the technology world breathlessly awaits Reddit’s public debut, another company you might never have heard of is about to go public: Astera Labs.
12:59 pm PDT • March 19, 2024
Enterprise
Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications
7:59 am PDT • September 27, 2021
As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine…
