StoryCommercial
Astera Labs Q1 2026: record $308.4 million revenue, up 93% year-over-year
Astera Labs reported Q1 2026 revenue of $308.4 million, up 14% quarter-over-quarter and 93% year-over-year, driven by strong demand for AI fabric switches. The company is in a production ramp phase for Scorpio variants targeting the $20 billion merchant scale-up market.