Chipmaker Astera Labs jumped 72% in its trading debut after its IPO topped expectations to raise $713M, giving the company a market value of $9.46B (Bloomberg)

Bloomberg:
Chipmaker Astera Labs jumped 72% in its trading debut after its IPO topped expectations to raise $713M, giving the company a market value of $9.46B  —  - Chip connectivity firm's IPO fourth largest in US this year  — Share sale elevates expectation for IPOs including Reddit's