Astera Labs boosts AI infrastructure with Smart Fabric Switch portfolio, focusing on innovation and quality.

From Nasdaq: 2024-10-10 11:00:00

Astera Labs introduces Smart Fabric Switch portfolio with PCIe6 switch for AI workloads in cloud-scale platforms. The portfolio offers Scorpio P-Series for mixed traffic connections and Scorpio X-Series for GPU clustering. ALAB focuses on innovation and quality, expecting Q3 revenues of $95-$100 million.

Strategic partnerships with major chip companies like NVIDIA and AMD enhance ALAB’s prospects, potentially impacting future NVIDIA products. The company anticipates significant revenue growth in Q3 2024, targeting earnings per share between 16-17 cents. ALAB’s innovative solutions position it as a key player in the AI industry.

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Read more at Nasdaq: ALAB Boosts AI Infrastructure With Smart Fabric Switch Portfolio