Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Astera Labs Expands to India, Opens New R&D Center in Bangalore

Author: Benzinga Newsdesk | June 28, 2024 03:26am

Astera Labs, Inc. (NASDAQ:ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its plan to expand operations to India. The new site to be opened in Bangalore later this year will tap into the region's rich engineering talent and establish a robust pipeline of cutting-edge interconnect technologies that enable AI architectures throughout the data center.

Sanjay Gajendra, President and Chief Operating Officer, Astera Labs, said, "As a thriving international market with a world-class technical workforce, India is a clear choice for strategic expansion to help scale our engineering resources and support the next phase of growth for the company. We look forward to harnessing Bangalore's tremendous business and engineering prowess to deliver on our vision to be the leader in purpose-built connectivity solutions that unlock the true potential of AI and cloud infrastructure."

The new India site will join Astera Labs' existing R&D centers in Santa Clara, California, Toronto and Vancouver, Canada, and Haifa, Israel.

Posted In: ALAB