March 8, 2024, 12:40 p.m. |

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Phil Serafino / Bloomberg:

Filing: chipmaker Astera Labs, which offers cloud and AI connectivity hardware, plans to raise as much as $534M in its US IPO  —  Astera is selling 14.79 million shares, while existing investors are offering another 3.01 million, the Santa Clara, California-based company said Friday in a regulatory filing.

astera labs bloomberg chipmaker cloud connectivity hardware investors ipo labs raise selling shares

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