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via globenewswire.comTech & AI

Astera Labs posts record $584.9 million revenue in Q3 2026

FROM THE WIRE · GLOBENEWSWIRE.COM

Record quarterly revenue of $584.9 million, up 49% QoQ and up 154% year-over-year Scorpio™ fabric switches became the company's largest product family, led by volume production of the Scorpio X-Series 320-lane fabric switch Portfolio expanded across memory, optical and copper…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishVery strong revenue growth tied to AI infrastructure connectivity, relevant for the semiconductor sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Record quarterly revenue was $584.9 million, up 154% year-over-year.
  2. 02Scorpio fabric switches became the company's largest product family.
  3. 03The portfolio spans memory, optical, signal conditioning and rack-scale AI platforms.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Astera Labs, Inc. Common StockALABStock233.62 USDMarket closedtoday +1.72%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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