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Astera Labs (Nasdaq: ALAB) has expanded its PCIe 6.x testing capabilities with the launch of a new Cloud-Scale Interop Lab in Taiwan. This lab will facilitate seamless interoperability between Aries 6 Smart DSP Retimers and a variety of PCIe 6.x hosts and endpoints. The new facility aims to reduce development time and support high-bandwidth, low-latency AI systems, assisting data center operators in deploying complex systems more rapidly. This expansion emphasizes Astera's commitment to standards compliance and plug-and-play interoperability. Prominent industry partners, such as Foxconn and Quanta, have voiced strong support for this initiative, highlighting the critical role of reliable PCIe 6.x connectivity in future AI and cloud infrastructure deployments.
Astera Labs (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, announced its participation in the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference. The event will take place on May 21, 2024, with Astera Labs presenting at 2:25 pm ET. The presentation will be available via webcast on the company’s investor relations website.
Astera Labs, a semiconductor connectivity solutions leader, reported record Q1 revenue of $65.3 million, 29% QoQ growth, driven by AI infrastructure deployment. Sampling third-gen Aries Smart DSP Retimers for PCIe 6.x to support cloud infrastructure. Expanded Aries portfolio, demonstrated at NVIDIA GTC. Announced Aries PCIe/CXL Smart Cable Modules for GPU clustering. Completed IPO, raising $672.2 million. Q2 revenue expected to rise 10-12% QoQ.
