Astera Labs designs connectivity semiconductors that enable the massive scale-out of AI data centers. Their PCIe retimers, CXL memory connectivity chips, and Aries Smart DSP Retimers solve the bottleneck between CPUs, GPUs, and memory in hyperscale infrastructure. Astera Labs went public in March 2024 in a highly anticipated AI infrastructure IPO, raising $713M at a $5.5B valuation on its first day.
IPO details
IPO date
Wed Mar 20
IPO price
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First-day close
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IPO valuation
$21.4B
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Data last checked Wed Oct 14. Optional market data is not yet available where shown as —.