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

TechCrunch
By Rebecca SzkutakMar 20, 2024, 1:38 pm137 ptsTrending
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…

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