ASTERA LABS INC Stock Price, News & Analysis

Astera Labs (NASDAQ: ALAB) announced an upcoming webinar hosted by J.P. Morgan focusing on Ultra Accelerator Link (UALink) technology. The webinar, scheduled for May 20, 2025, will feature key executives discussing UALink's role in AI infrastructure. UALink, supported by over 100 companies in its consortium, is an open memory-semantic fabric designed for high-bandwidth, low-latency AI applications.

The technology enables hyperscalers to build more efficient and powerful AI systems within the rack for both training and inferencing applications. The recently ratified UALink 200G 1.0 specification marks a significant milestone in standardizing memory-semantic connectivity for AI infrastructure. As a Promoter Member of the UALink Consortium, Astera Labs is actively contributing to developing this open connectivity ecosystem.

Astera Labs (NASDAQ: ALAB) reported strong Q1 FY2025 results with record revenue of $159.4 million, up 13% QoQ and 144% YoY. The company achieved a GAAP gross margin of 74.9% and GAAP net income of $31.8 million. Key highlights include strong demand for PCIe scale-up and Ethernet scale-out connectivity solutions, initial shipments of Scorpio P-Series and Aries 6 Retimers, and production ramp of PCIe Gen 6 connectivity portfolio. For Q2 FY2025, Astera Labs expects revenue between $170-175 million with approximately 74% GAAP gross margin. The company expanded its Cloud-Scale Interop Lab and appointed Dr. Craig Barratt to its Board of Directors.

Astera Labs (NASDAQ: ALAB) announced the production ramp of its comprehensive PCIe 6 connectivity portfolio, expanding its offerings with new gearbox solutions alongside fabric switches, retimers, and active cable modules. The portfolio includes the industry's first purpose-built PCIe gearbox solution, Aries 6 PCIe Smart Gearbox, which bridges PCIe 6 and PCIe 5 ecosystems. The company's solutions have completed qualification with leading AI and cloud server customers, supporting next-generation AI platform deployments. The portfolio integrates with COSMOS software suite for enhanced data center management and is extensively tested in Astera's Cloud-Scale Interop Lab. Major industry players including AMD, Inventec, Micron, Samsung, and others have expressed support for Astera Labs' PCIe 6 solutions, highlighting their importance in advancing AI infrastructure capabilities.

Astera Labs (Nasdaq: ALAB), a semiconductor connectivity solutions provider for AI and cloud infrastructure, has scheduled its Q1 2025 financial results announcement for Tuesday, May 6, 2025, after market close.

The company will host a conference call at 1:30 PM PT / 4:30 PM ET on the same day. Key executives participating include CEO Jitendra Mohan, President and COO Sanjay Gajendra, and CFO Mike Tate. Investors can join via phone at (800) 715-9871 with Conference ID 5908687 or through the webcast at ir.asteralabs.com.

Astera Labs (Nasdaq: ALAB) announced its Scorpio Smart Fabric Switches for PCIe® 6-ready NVIDIA Blackwell-based MGX™ platforms, delivering modular designs that scale across different NVIDIA MGX configurations. The company is providing customers with an accelerated test and interop development kit, including whitepapers, reference designs, SDKs, and simulation models.

The integration enables:

• Optimized data ingest for NVIDIA Blackwell units
• Increased GPU utilization with high-performance data flows
• Robust interoperability with PCIe 6 and PCIe 5 partners
• Proven line-rate PCIe 6 performance with Micron SSDs
• Faster time-to-market with modular configuration

Additionally, Astera Labs' COSMOS rack-scale management software provides data center observability, telemetry, and diagnostics capabilities for maximizing GPU utilization and uptime. The company will demonstrate the PCIe 6-ready NVIDIA MGX platform featuring Scorpio P-Series at NVIDIA GTC 2025.

Astera Labs (Nasdaq: ALAB) has expanded its Cloud-Scale Interop Lab to accelerate the deployment of PCIe 6.x AI platforms powered by Scorpio Smart Fabric Switches. The expansion focuses on comprehensive interoperability and performance testing across multiple PCIe generations and topologies.

The initiative enables customers to design with confidence, reduce development time, and minimize interoperation risks. The lab conducts rigorous PCIe link, RAS, and system testing in complex PCIe topologies, running real-world applications on production-ready systems.

The company recently demonstrated end-to-end PCIe 6.x interoperability between Scorpio P-Series Fabric Switches and Micron's PCIe 6.x SSD using GPU-Direct Storage at DesignCon 2025. The expansion has garnered support from industry leaders including AMD, Keysight Technologies, Micron, Samsung Electronics, Teledyne Lecroy, and Wistron.

Astera Labs (Nasdaq: ALAB) has announced the appointment of Dr. Craig Barratt to its Board of Directors. Dr. Barratt brings extensive experience in scaling technology companies and driving innovations in the semiconductor and networking industries.

Dr. Barratt's notable career includes serving as President, CEO, and Director of Atheros Communications, leading the company through its IPO and subsequent acquisition by Qualcomm. He also held key positions at Intel as Senior VP of the Connectivity Group, and at Google as Senior VP of Access and Energy.

Currently, Dr. Barratt chairs the board of Intuitive Surgical (Nasdaq: ISRG) and previously served on IonQ's board. He holds doctorate and Master's degrees from Stanford University and undergraduate degrees from the University of Sydney in electrical engineering, mathematics, and physics.

Astera Labs (Nasdaq: ALAB), a leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, has announced its participation in the upcoming Morgan Stanley Technology, Media & Telecom Conference. The company's presentation is scheduled for March 4, 2025, at 4:05 PM PT. Investors and interested parties can access the webcast through Astera Labs' investor relations website at ir.asteralabs.com.

Astera Labs (ALAB) reported strong Q4 FY2024 results with record quarterly revenue of $141.1 million, up 25% QoQ and 179% YoY. Full-year revenue reached $396.3 million, marking a 242% increase from the previous year.

Q4 GAAP performance showed a gross margin of 74.0% and net income of $24.7 million ($0.14 per diluted share). Non-GAAP Q4 results included operating income of $48.4 million and net income of $66.5 million ($0.37 per diluted share).

For Q1 FY2025, the company projects revenue between $151-155 million with a GAAP gross margin of approximately 74%. Growth was primarily driven by Aries PCIe Retimer products and Taurus Smart Cable Modules, with expectations for 2025 to be a breakout year as all four product families contribute to revenue.