Astera Labs (ALAB)
Technology · AI and cloud infrastructure semiconductors
A semiconductor connectivity specialist designing purpose-built hardware and software solutions to eliminate data, network, and memory bottlenecks in cloud and AI infrastructure deployments.
What Astera Labs does
Astera Labs designs and sells semiconductor-based connectivity solutions—including ICs, boards, and modules—purpose-built for cloud and AI infrastructure. The company's Intelligent Connectivity Platform comprises high-speed, mixed-signal connectivity products integrated with COSMOS, a proprietary software suite for configuration, management, monitoring, and optimization. Built on industry-standard protocols like PCIe, Ethernet, and CXL, Astera's products address critical data, network, and memory bottlenecks that limit the performance of hyperscale AI and cloud systems.
Themes: ["AI infrastructure","Cloud infrastructure","Hyperscale data centers","GPU interconnect","AI accelerator connectivity","Memory bandwidth optimization","Data center networking","Software-defined connectivity"]
Fundamentals
- Price$417.45 as of 2026-07-09 close
- Market cap$71.6B as of 2026-07-10
- 1-year return+318.0% as of 2026-07-09 close
- P/E267.37 as of 2026-07-10
- Net margin+26.7% as of 2026-07-10
- Gross margin+76.0% as of 2026-07-10
- ROE+20.3% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+104.2% as of 2026-07-10
- Revenue CAGR (3y)+120.2% SEC XBRL
- Beta3.18 as of 2026-07-10
Key risks (from latest filing)
["High customer concentration with a limited number of hyperscaler customers driving revenue; loss of or reduced orders from any major customer could significantly impact profitability","Dependence on a limited number of third-party manufacturing and supply chain partners; product supply disruptions or manufacturing delays could impair product delivery and market competitiveness","Rapid product price erosion over time combined with need to achieve continuous design wins to sustain growth and maintain future profitability"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.