Astera Labs, Inc. is a semiconductor company that specializes in designing and providing high-performance analog and mixed-signal solutions for various applications
Focused on advancing data processing capabilities, the company develops innovative products aimed at enhancing the efficiency and speed of data centers, networking, and telecommunications systems. By leveraging cutting-edge technology and design expertise, Astera Labs empowers its customers to optimize their hardware performance while meeting the increasing demands of modern data-intensive environments.
SANTA CLARA, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Astera Labs (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2025. Astera Labs’ presentation is scheduled for 4:05 pm PT. A webcast of the session will be made available on Astera Labs’ investor relations website at https://ir.asteralabs.com
Eleven large-cap stocks performed poorly in the last week. West Pharmaceutical, The Trade Desk, Fidelity National, and others saw significant declines.
After Microsoft, Meta, Google and Amazon have reported an increase in AI-related spending, Astera Labs investors are looking for reassurance that AI-driven chip demand will remain strong in the coming year.
Astera Labs reported fourth-quarter revenue of $141.1 million, beating analyst estimates of $127.98 million. The semiconductor-based connectivity solutions company reported adjusted fourth-quarter earnings of 37 cents per share, beating analyst estimates of 26 cents per share, according to Benzinga Pro.
SANTA CLARA, Calif., 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 financial results for the fourth quarter and full fiscal year 2024, ended December 31, 2024.
Despite dismissing the knee-jerk reaction of markets on Monday, analysts at Morgan Stanley underscored that the impact of DeepSeek’s efficient performance could prove deflationary for the sector.
The launch of DeepSeek affects the AI boom including the power, cooling and data center giants that once rode the AI euphoria, which now have single-day losses exceeding 20%.
