Is Astera Labs the Next Big AI Stock?

01/03/2024 12 min

Listen "Is Astera Labs the Next Big AI Stock?"

Episode Synopsis


AI stocks are all anyone can talk about these days, so it's no surprise to see a hot new artificial intelligence stock hitting the market via an IPO. Astera Labs is a data center connectivity startup seeking $100M in an IPO that could launch as soon as March 2024. The proposed IPO valuation will be around $4 billion. Astera supplies networking chips to cloud operators, putting it right in the heart of a few exciting disruptive themes like cloud computing and AI. Sounds like a lot of hype waiting to happen. Watch our video to see our thoughts on Astera Labs and the current AI hype.


Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/QIwBAuApOtM.