Astera Labs rises 7% after unveiling new portfolio of fabric switches (NASDAQ:ALAB)

· Business · By ReportWire
Astera Labs rises 7% after unveiling new portfolio of fabric switches (NASDAQ:ALAB)
  • Astera Labs (NASDAQ:ALAB) stock rose 7.2% in premarket trade, after the company announced a new portfolio of fabric switches.
  • The portfolio includes the PCIe 6 switch, which is built from the ground up for challenging AI workloads in accelerated computing platforms deployed at cloud-scale.

Source link