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HomeTechAstera Labs seeks to raise $673.2 million in upsized US IPO

Astera Labs seeks to raise $673.2 million in upsized US IPO

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(Corrects to $534 million, from $573 million, in second paragraph)

(Reuters) – Chip firm Astera Labs said on Monday it was aiming to raise up to $673.2 million in an initial public offering in the United States.

It said last week that it was aiming to raise $534 million in an IPO.

(This story has been corrected to change the amount from $573 million to $534 million in paragraph 2)

(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Savio D’Souza)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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