Is Astera Labs the Next Big AI Stock?
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…
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