Reflecting on 2024: Milestones and Momentum at Astera Labs

Paroma Sen, VP, Corporate Marketing

Astera Labs has just wrapped a milestone year! From a successful IPO on Nasdaq with the stock ticker ALAB to launching innovative new products to expanding our global footprint, 2024 has been a transformative year, strengthening our mission to eliminate bottlenecks in AI and cloud infrastructure with purpose-built connectivity solutions.

Leading Semiconductor IPOs
One of the biggest milestones of the year was our IPO in March 2024. To celebrate our listing on Nasdaq, our co-founders rang the opening bell to usher in the future of semiconductor-based connectivity solutions purpose-built to unleash the full potential of AI and cloud infrastructure. While the IPO was a significant step showcasing how far we’ve come since our founding in October 2017, we are just getting started with more to come!

Pioneering Product Innovations
This year, we raised the bar for connectivity solutions for AI and cloud infrastructure with groundbreaking, industry-first product launches and technology demonstrations.

  • Scorpio Smart Fabric Switches – optimized for AI dataflows, Scorpio delivers maximum system utilization and uptime for scale-out PCIe® 6 connectivity and scale-up GPU clustering in AI servers.
  • Aries 6 Smart DSP Retimer – the first offering in our PCIe 6.x portfolio, Aries 6 set the stage for a smart PCIe 6.x connectivity backbone that is robust, scalable, and customizable.
  • Aries PCIe/CXL Smart Cable Modules – enabling multi-rack GPU clustering for AI with an industry-first 7 meter reach over active electrical cables. 
  • PCIe over Optics – delivering the industry’s first demonstration of end-to-end PCIe optical connectivity to provide unprecedented reach across the data center for larger, disaggregated GPU clusters.

Demonstrating Thought Leadership and Industry-First Solutions at OCP Global Summit
Astera Labs was everywhere at OCP Global Summit with nine speaking slots and our solutions demonstrated in partner booths across the show floor. Our own booth was jam packed where we showcased the industry’s first end-to-end PCIe 6 demo featuring the Scorpio P-Series Fabric Switch as well as our full portfolio of purpose-built solutions for AI and cloud infrastructure. During 2024, Astera Labs also participated in NVIDIA GTC, FMS, Supercomputing 24, ChipEx, and more!

Expanding Global Footprint
Astera Labs added to its global footprint to support our growth and scale operations.

  • Haifa, Israel – new R&D Center opened in January
  • Taipei, Taiwan – new Cloud-Scale Interop Lab opened in May
  • Bengaluru India – new R&D Center opened in September 

These new sites will enable Astera Labs to tap into each region’s rich engineering talent, establish a robust pipeline of interconnect technologies that enable AI architectures, and extend our leadership in interoperability testing.

Expanding Ecosystem Leadership 
Astera Labs is proud to collaborate with hyperscalers and AI platform providers to advance open, scale-up AI connectivity. As a Promoter member of the newly incorporated UALink™ Consortium, we will contribute to delivering the UALink specifications and creating an optimized scale-up ecosystem.

Building the Case for UALink™

Learn more about UALink, a dedicated scale-up memory semantic fabric.

In collaboration with partners, Astera Labs advanced the CXL® ecosystem. At industry events, we demonstrated how CXL-attached memory delivers a performance increase for AI inferencing. We also completed successful interop testing with Leo CXL Smart Memory Controllers and the latest CPUs from AMD and Intel in our Cloud-Scale Interop Lab.

 

AI Inferencing with CXL-attached Memory

This award-winning demo between Astera Labs, Supermicro, and MemVerge shows how AI inferencing can gain significant benefits using CXL® attached memory.

Strengthening Community Ties
Beyond technology advancements, giving back is central to our company DNA. We once again hosted our high school internship program to expose the next generation of leaders to multiple functional areas across the company. We also participated in Family Giving Tree’s Back to School Backpack Drive and Holiday Wish Drive, volunteered at our local Silicon Valley Food Bank, and helped clean up our parks in honor of Earth Day. Our global teams united to make a difference.

Looking Ahead
As we look ahead to 2025, we remain committed to our customer-first culture as our Intelligent Connectivity Platform proves essential to unleashing the full potential of AI and cloud infrastructure. Our COSMOS software – a key component of our Intelligent Connectivity Platform – enables our hyperscaler customers with critical management, optimization, and customization of resources for large fleets at cloud-scale.

 

Astera Labs’ Vision for the AI Era

 

Astera Labs’ co-founders share their vision for delivering purpose-built connectivity for AI and cloud infrastructure and expanded market opportunities with AI fabric switches.

Thank you to our customers, partners, investors, and team for making 2024 an extraordinary year.