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Astera Labs CEO: ‘We Could Be The Broadcom’ Of CXL Solutions

Shane Snider

The California-based chip connectivity firm has seen growth every quarter after investing in emerging semiconductor technology.

Where do you see the semiconductor industry going in the next five years?

Nobody has a crystal ball. I think it’s going to be choppy, but as a private company, we are in a better position to continue to execute, to continue to hire and to continue to build really, really great products. So, we can take advantage of whenever the market turns around. And it will turn around. It’s a really interesting time to be in the semiconductor market. There is a lot of innovation that’s happening. There is a log of changes that are happening and different types of workloads that are coming in. And whenever there is change, there is opportunity for innovation. CXL is a prime example. The standard is not even three years old, and you can see how widely its being adopted.  

What is driving growth at smaller private companies in the semiconductor space right now?

It really goes to the heart of how companies innovate. When you go to an established company, people don’t want to take too much risk, to be completely honest. The risk profile is different in a large company because you have to get in front of shareholders in the market and talk about what you’re going to do, what your expenses are and so on. When we started Astera Labs, it was like, ‘look, we’re all in on this and if it doesn’t work, we go home.’ That really drives a very different type of behavior that drives a very different type of risk taking and focus and execution. Not everybody will succeed. But the pace of innovation is very good in private companies.

 

 
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