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Astera Labs Expands Board with New Appointment

Story Highlights

Astera Labs, Inc. ( (ALAB) ) has provided an announcement.

On March 2, 2025, Astera Labs, Inc. announced the appointment of Dr. Craig Barratt to its Board of Directors, expanding the board from seven to eight members. Dr. Barratt, an independent director with extensive experience in the technology sector, is expected to provide strategic insight and guidance as Astera Labs continues to expand its leadership in AI and cloud infrastructure connectivity solutions. His appointment is seen as a move to strengthen the company’s industry position and support its growth and innovation efforts.

More about Astera Labs, Inc.

Astera Labs is a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure. The company offers an Intelligent Connectivity Platform that integrates PCIe®, CXL®, and Ethernet solutions along with the COSMOS software suite for system management and optimization, focusing on scalable and customizable software-defined architectures.

YTD Price Performance: -44.77%

Average Trading Volume: 5,214,292

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $12.06B

Find detailed analytics on ALAB stock on TipRanks’ Stock Analysis page.

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