Astera Labs’ IPO pops 54%, showing that investor demand for tech with an AI-twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company, which provides “semiconductor-based connectivity solutions transforming the future of AI,” priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this [...]read moreAstera Labs’ IPO pops 54%, showing that investor demand for tech with an AI-twist is high