Northland Capital downgraded Astera Labs from Outperform to Market Perform

Rothschild & Co Redburn initiated coverage of Astera Labs with a rating of Neutral and set a new price target of $153.00

UBS initiated coverage of Astera Labs with a rating of Neutral and set a new price target of $180.00

Citigroup initiated coverage of Astera Labs with a rating of Buy and set a new price target of $200.00

Citigroup initiated coverage of Astera Labs with a rating of Buy and set a new price target of $200.00

Loop Capital initiated coverage of Astera Labs with a rating of Buy and set a new price target of $250.00

RBC Capital Mkts initiated coverage of Astera Labs with a rating of Outperform

Raymond James resumed coverage of Astera Labs with a rating of Mkt Perform

BNP Paribas Exane initiated coverage of Astera Labs with a rating of Outperform and set a new price target of $225.00

Northland Capital upgraded Astera Labs from Market Perform to Outperform

TAIPEI, Taiwan, June 03, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced a significant expansion of its Taiwan operations and Cloud-Scale Interop Lab, deepening the company's engineering, operational footprint, and strategic coordination with customers and ecosystem partners in one of the world's most important semiconductor ecosystems. As AI labs race to stand up training and inference capacity for frontier models, time-to-deployment increasingly depends on how quickly silicon, systems, and manufacturing partners can qualify designs, resolve issues, and move platforms into p

TAIPEI, Taiwan, May 26, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, will host press and industry analysts at Computex 2026 in the company's room at the Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1), Room 303, third floor. WHAT: Astera Labs will use its Computex program to highlight the company's latest news, rack-scale AI connectivity strategy, and collaboration with leading AI platform providers and Taiwan system and manufacturing partners. Attendees will get a look at Astera Labs' complete connectivity portfolio, including the first public demonstration of the Scorpio™ X-Series

SAN JOSE, Calif., May 12, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it will participate in the following upcoming financial conferences during the second quarter of 2026: J.P. Morgan 2026 Global Technology, Media and Communications Conference on May 19th in Boston. Astera Labs' presentation is scheduled for 10:05 am ET.TD Cowen's 54th Annual Technology, Media & Telecom Conference on May 27th in New York. Astera Labs' presentation is scheduled for 10:15 am ET.2026 Evercore Global TMT Conference on June 3rd in San Francisco. Astera Labs' presentation is scheduled for

Record quarterly revenue of $308.4 million, up 14% QoQ and up 93% year-over-yearMarket-leading PCIe 6 AI fabric and signal conditioning portfolio delivered strong growth during Q1Now shipping newly announced Scorpio™ X-Series 320-lane AI Fabric switch and expanded Scorpio P-Series PCIe 6 switch family supporting 32 to 320 lanes SAN JOSE, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the first quarter of fiscal year of 2026, ended March 31, 2026. "Astera Labs delivered strong Q1 2026 financial results with revenue growing b

News Highlights:  Largest open, memory-semantic fabric switch: The Scorpio™ X-Series 320 Lane AI fabric switch, shipping today, supports increased scale-up cluster sizes with low latencyIntelligent AI fabric with In-Network Compute to maximize token economics: Hardware-accelerated Hypercast™ and In-Network Compute engines boost collective operations by up to 2x [1], to improve time to first token and tokens-per-watt performanceBroadest family of PCIe 6 fabric switches: From 32 to 320 lanes, the newly-expanded Scorpio P-Series enables diverse accelerator optionality and system topologies SAN JOSE, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semico

SANTA CLARA, Calif., April 02, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it will release its financial results for the first quarter 2026 after the close of market on Tuesday, May 5, 2026. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call DetailsDate:May 5, 2026Time:1:30 pm PT / 4:30 pm ETHosts:Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Des Lynch, Chief Financial Officer  Dial-in:(800) 715-9871 Conference ID: 5908687Webcast:https://ir.asteralabs

SAN JOSE, Calif., March 11, 2026 (GLOBE NEWSWIRE) -- Astera Labs (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it will participate in the 38th Annual Roth Conference in Dana Point, CA on March 23, 2026. Astera Labs' presentation is scheduled for 11:30 am PT. A webcast of the session will be made available on Astera Labs' investor relations website at https://ir.asteralabs.com. About Astera LabsAstera Labs (NASDAQ:ALAB) provides rack-scale AI infrastructure through purpose-built connectivity solutions. By collaborating with hyperscalers and ecosystem partners, Astera Labs enables organizations to unlock the full

Record quarterly revenue of $270.6 million, up 17% QoQ, and record full-year revenue of $852.5 million, up 115% year-over-yearBroadening Scorpio X-Series smart fabric roadmap to address expanding scale-up market opportunities supporting multiple customers, starting production ramp for lead platformAppointed Desmond Lynch as Chief Financial Officer with Mike Tate transitioning to the role of Strategic Advisor to the CEO SAN JOSE, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the fourth quarter and full fiscal year of 2025, e

New design center to focus on cutting-edge AI fabrics and emerging AI inference technologies  Industry veteran Guy Azrad to lead operations as general manager of Astera Labs Israel SAN JOSE, Calif. and TEL AVIV, Israel, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced a significant expansion of its global engineering operations with the establishment of an advanced research and development center in Israel. The new design center will accelerate the development of Astera Lab's next-generation scale-up fabrics for high-bandwidth connectivity protocols, while also advan

Scorpio X-Series Begins Initial Production with Merchant Scale-Up Switching Market Estimated to Reach $20 billion by 20301 News Highlights: Developed in collaboration with hyperscalers, Scorpio X-series products are purpose-built to support scale-up networking, and are now shipping in initial production volumesExpanded features will include support for increased radix, platform-specific protocols, in-network computing, Hypercast technology, and optical connectivity SAN JOSE, Calif., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced an expanded portfolio roadmap that

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Intel Corporation (NASDAQ:INTC) today announced that Craig H. Barratt, Ph.D., 63, has been appointed to its board of directors, effective immediately. Dr. Barratt will serve as an independent director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251110908011/en/Dr. Craig H. Barratt joins Intel's board as an independent director. "Craig is a highly accomplished technology leader with a proven ability to innovate, scale, and transform businesses," said Lip-Bu Tan, Intel CEO. "He is a seasoned semiconductor executive with experience at multiple leading-edge technology companies, which will be invaluable as we continue to execute

SANTA CLARA, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Dr. Craig Barratt to its Board of Directors. Dr. Barratt is a seasoned technology industry veteran with decades of experience as an impactful leader and board member at networking, semiconductor, and medical device companies. "Craig's proven track record of scaling high-growth technology companies and driving breakthrough innovations at industry leaders like Atheros, Google, and Qualcomm makes him an invaluable addition to Astera Labs' Board of Directors," said Jitendra Moh

Mayer brings technology and leadership expertise in scaling multi-billion-dollar enterprises Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the appointment of Bethany Mayer to its Board of Directors. Mayer brings over 30 years of experience as a visionary leader and board member at networking, cybersecurity, and semiconductor companies. "Bethany brings a wide range of technology and leadership experiences at both global corporations and tech start-ups to Astera Labs, and we are pleased to welcome her to the Board of Directors," said Jitendra Mohan, CEO and Co-founder, Astera Labs. "Her exper

Record quarterly revenue of $308.4 million, up 14% QoQ and up 93% year-over-yearMarket-leading PCIe 6 AI fabric and signal conditioning portfolio delivered strong growth during Q1Now shipping newly announced Scorpio™ X-Series 320-lane AI Fabric switch and expanded Scorpio P-Series PCIe 6 switch family supporting 32 to 320 lanes SAN JOSE, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced preliminary financial results for the first quarter of fiscal year of 2026, ended March 31, 2026. "Astera Labs delivered strong Q1 2026 financial results with revenue growing b

SANTA CLARA, Calif., April 02, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it will release its financial results for the first quarter 2026 after the close of market on Tuesday, May 5, 2026. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call DetailsDate:May 5, 2026Time:1:30 pm PT / 4:30 pm ETHosts:Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Des Lynch, Chief Financial Officer  Dial-in:(800) 715-9871 Conference ID: 5908687Webcast:https://ir.asteralabs

SANTA CLARA, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it will release its financial results for the fourth quarter 2025 after the close of market on Tuesday, Feb. 10, 2026. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date: Feb. 10, 2026Time: 1:30 pm PT / 4:30 pm ET Hosts:Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Mike Tate, Chief Financial OfficerDial-in:(800) 715-9871 Conference ID: 5908687Webcast:https://ir.ast

SANTA CLARA, Calif., Oct. 07, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a leader in semiconductor-based connectivity solutions for rack-scale AI infrastructure, today announced that it will release its financial results for the third quarter 2025 after the close of market on Tuesday, Nov. 4, 2025. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call DetailsDate:Nov. 4, 2025Time:1:30 pm PT / 4:30 pm ETHosts:Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Mike Tate, Chief Financial OfficerDial-in:(800) 715-9871 Conference ID: 5908687Webcast:https://ir.asteralabs.

SANTA CLARA, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the second quarter 2025 after the close of market on Tuesday, Aug. 5, 2025. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call DetailsDate: Aug. 5, 2025Time:1:30 pm PT / 4:30 pm ET Hosts:Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Mike Tate, Chief Financial OfficerDial-in: (800) 715-9871 Conference ID: 5908687Webcast:https://ir.a

SANTA CLARA, Calif., April 10, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the first quarter 2025 after the close of market on Tuesday, May 6, 2025. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:May 6, 2025  Time:1:30 pm PT / 4:30 pm ET  Hosts:Jitendra Mohan, Chief Executive OfficerSanjay Gajendra, President and Chief Operating OfficerMike Tate, Chief Financial Officer  Dial-in:(800) 715-9871Conference ID: 5908687  Webcast:https://ir

SANTA CLARA, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the fourth quarter 2024 after the close of market on Monday, Feb. 10, 2025. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:Feb. 10, 2025  Time:1:30 pm PT / 4:30 pm ET  Hosts:Jitendra Mohan, Chief Executive OfficerSanjay Gajendra, President and Chief Operating OfficerMike Tate, Chief Financial Officer  Dial-in:(800) 715-9871Conference ID: 5908687  Webcast:https:/

Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the third quarter 2024 after the close of market on Monday, Nov. 4, 2024. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:     Nov. 4, 2024 Time:     1:30 pm PT / 4:30 pm ET Hosts:     Jitendra Mohan, Chief Executive Officer     Sanjay Gajendra, President and Chief Operating Officer     Mike Tate, Chief Financial Officer Dial-in:     (800) 715-9871     Conference

Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced that it will release its financial results for the second quarter 2024 after the close of market on Tuesday, Aug. 6, 2024. Astera Labs will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date: Aug. 6, 2024 Time: 1:30 pm PT / 4:30 pm ET Hosts: Jitendra Mohan, Chief Executive Officer   Sanjay Gajendra, President and Chief Operating Officer   Mike Tate, Chief Financial Officer Dial-in: (800) 715-

Astera Labs (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, announced today that it will release its financial results for the first quarter 2024 after the close of market on Tuesday, May 7, 2024. The company will host a corresponding conference call at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time. Conference Call Details Date:   May 7, 2024 Time:   1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time Hosts:   Jitendra Mohan, Chief Executive Officer Sanjay Gajendra, President and Chief Operating Officer Mike Tate, Chief Financial Officer Dial-in:   US toll free: (800) 715