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Chipmaker Astera Labs joins the pipeline as the IPO market’s spring thaw comes into view

February 22, 2024

The end of February is in sight, and the IPO market's spring thaw is starting to come into view. Chipmaker Astera Labs (ATRL.RC) joined the pipeline on Wednesday, filing for an estimated $500 million offering that could come in mid-March.

In addition to being the first $100+ million filing ahead of the spring pickup, Astera is also the first large tech issuer to file this year. Last valued at $3+ billion, the company is coming to market amid...

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