Astera labs announces financial results for the first quarter of fiscal year 2024

Santa clara, calif.--(business wire)--astera labs (nasdaq: alab), a global leader in semiconductor-based connectivity solutions for cloud and ai infrastructure, today announced preliminary financial results for the first quarter of fiscal 2024, ended march 31, 2024. “astera labs started the year strong, achieving record revenue in the first quarter, driven by the accelerating deployment of ai infrastructure,” said jitendra mohan, astera labs' chief executive officer. “as hyperscalers embark on.
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