Astera Archives

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

March 20, 2024 mpsingh No Comments Technology AItwist, Astera, demand, high, investor, IPO, Labs, pops, showing, tech

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

Astera Labs goes public, and the Inflection-Microsoft AI saga continues

March 20, 2024 mpsingh No Comments Technology Astera, continues, InflectionMicrosoft, Labs, Public, SaGa

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, focused on startup and venture capital news that matters. Today we have a grip of startup stories, and a venture capital item that isn’t as bad of news [...]read moreAstera Labs goes public, and the Inflection-Microsoft AI saga continues

Astera Labs IPO will reveal how much investors want in on AI

March 20, 2024 mpsingh No Comments Technology Astera, investors, IPO, Labs, Reveal

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. And it may be a more important test of investors’ returning appetite for tech IPOs. Astera this week announced in a public filing that its public debut would be bigger than [...]read moreAstera Labs IPO will reveal how much investors want in on AI