Acquisition And ExpansionAstera Labs announced its tuck-in acquisition of private company aiXscale Photonics, expanding its interconnect portfolio into optics.
Growth OpportunitiesRobust AI demand, a ramping-up Scorpio opportunity at Amazon, and continued strength in Aries retimer/AEC products should drive strong growth and upside to consensus in the near term.
Product Revenue PotentialALAB content could reach as much as ~$1,000 per AWS Trn3 XPU, vs. just ~$150-$200 in the current Trn2 generation, indicating significant growth potential.