Astera Labs’ IPO pops 54%, showing that investor demand for tech with an AI-twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […] © 2024 TechCrunch. All rights reserved. For personal use only.

Technology Mar 20, 2024 0 Add to Reading List

Astera Labs’ IPO pops 54%, showing that investor demand for tech with an AI-twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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