Astera Labs’ IPO pops 72% on the first day, showing that investor demand for tech with an AI twist is high
Astera Labs made a dynamic entrance to the public market, kicking off trading at $52.56 per share, a robust 46% increase from its IPO price of $36 per share set the night before. This successful debut positioned Astera as the first notable technology offering this year on TechCrunch’s radar and set the stage for other…