Astera Labs sees massive growth in Q1 2025, strengthens AI partnerships with Alchip and NVIDIA

From Zacks Investment Research: 2025-06-17 11:06:00

Astera Labs (ALAB) experienced significant growth in Q1 2025, with a 144% year-over-year revenue increase driven by strong demand for AI products. ALAB remains the only vendor with full PCIe 6 interoperability for NVIDIA’s Blackwell-based systems. The company’s strategic partnership with Alchip Technologies aims to enhance AI infrastructure integration and data center presence. Astera Labs is gaining momentum in the AI and cloud connectivity space, positioning itself for long-term growth with a focus on AI rack-scale connectivity and broader platform support beyond NVIDIA. ALAB’s stock has surged over 30% in the past three months, outperforming industry benchmarks.



Read more at Zacks Investment Research: Astera Labs Soars on Expanding AI Reach With Alchip, NVIDIA Deals – June 17, 2025