We Are/DigitalVision via Getty Images Introduction Astera Labs ( ALAB ), with fewer than a thousand employees, plays an outsized role in the connective tissue of the world's AI data centers. My thesis is that Astera is moving up the AI interconnect stack, capturing a larger share of system value as they relieve bottlenecks in AI data centers. Their main product portfolio is composed of Aries retim...
We Are/DigitalVision via Getty Images Introduction Astera Labs ( ALAB ), with fewer than a thousand employees, plays an outsized role in the connective tissue of the world's AI data centers. My thesis is that Astera is moving up the AI interconnect stack, capturing a larger share of system value as they relieve bottlenecks in AI data centers. Their main product portfolio is composed of Aries retimers, Scorpio switches, Taurus Ethernet connectivity, Leo memory expansion, and COSMOS software. CEO Jitendra Mohan uses an analogy in the August 2024 Deutsche Bank ( DB ) conference to explain the Aries retimer chips: If somebody asks you to run a sprint over a marathon distance, that's not possible. So what you do [is] - one of the things that you can do is look at the analogy of a relay race. In other words, when a signal is sent at a high rate from one entity to another entity, it gets corrupted quickly, which we can think of as getting tired sooner than if it went out at a lower rate. A retimer is like a new relay runner taking the place of the tired relay runner. It recovers the signal and retransmits a fresh copy of the message. There can be multiple retimers in a link if the signal needs to go a long way, similar to how there can be multiple relay runners in a long race. Retimers can connect a CPU to an XPU/GPU, a CPU to a NIC, or an XPU/GPU to a NIC. Scale-up architecture is the process of making a single system more powerful, whereas scale-out architecture is the process of adding additional systems. Scale-out is often used when breaking up a big workload into smaller parts and then distributing them out. Astera Compute Connectivity Group SVP Thad Omura talks about this distinction during a May 2025 webinar : When we refer to scale-up, it means a bunch of accelerators that are interconnected in the effort so that they can all behave as one big supercomputer processing the same workload. And then when we talk about scale-out, we're talking about a bunch of accelerat...
Market Snapshot S&P 500 futures 7,396.25 +0.5% Nasdaq 100 futures 28,869.25 +0.7% US 10-year Treasury yield 4.37% -0.02 Bloomberg Dollar Spot Index 1,188.47 -0.2% WTI crude oil futures $94.64 -0.2% Market data as of 06:40 AM ET. Data is subject to provider delays. Five things you need to know The US and Iran clashed near the Strait of Hormuz, threatening efforts to secure an end to the war. A rall...
Market Snapshot S&P 500 futures 7,396.25 +0.5% Nasdaq 100 futures 28,869.25 +0.7% US 10-year Treasury yield 4.37% -0.02 Bloomberg Dollar Spot Index 1,188.47 -0.2% WTI crude oil futures $94.64 -0.2% Market data as of 06:40 AM ET. Data is subject to provider delays. Five things you need to know The US and Iran clashed near the Strait of Hormuz, threatening efforts to secure an end to the war. A rally in technology stocks is lifting US index futures as investors wait for a key jobs report. Forecasters expect the April non-farm payrolls jobs report on Friday to show a solid 65,000 increase. TSMC posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid AI-fueled pace of growth. Donald Trump’s 10% global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months after the US Supreme Court vacated earlier levies he’d imposed. Toyota Motor shares dropped more than 2% after forecasting an abrupt drop in operating profit due to the conflict in Iran. Debt warning DoubleLine Capital’s Jeffrey Gundlach is repositioning some of his funds for an extreme scenario: He thinks the US government might restructure its debt . His worry is the government, in a bid to reduce its interest payments during a severe slowdown, might decide to lower the coupons on all outstanding debt. In an interview with Bloomberg, he gave the example of the US potentially reducing coupons to 1% from 4% without changing the maturity of the debt. To be clear, Gundlach views this as a remote possibility — not even 30%, in his words. But any restructuring of world’s largest government bond market would be a seismic financial event. Gundlach, whose DoubleLine manages almost $100 billion in fixed income and other assets, has been warning of a reckoning for US debt for some time . To get ahead of any restructuring, he has replaced higher-coupon Treasuries in some portfolios with t...
Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
Brookfield Asset Management Ltd. press release ( BAM ): Q1 DEPS of $0.43 beats by $0.01 . Revenue of $1.34B (+24.1% Y/Y) misses by $110M . Fee-bearing capital grew to $614 billion, up 12% year-over-year, driven by $108 billion of fundraising in the past twelve months. More on Brookfield Asset Management Ltd. Brookfield: Finding The Right Mix Of Capital Growth, Hard Assets, And High Margins Brookfi...
Brookfield Asset Management Ltd. press release ( BAM ): Q1 DEPS of $0.43 beats by $0.01 . Revenue of $1.34B (+24.1% Y/Y) misses by $110M . Fee-bearing capital grew to $614 billion, up 12% year-over-year, driven by $108 billion of fundraising in the past twelve months. More on Brookfield Asset Management Ltd. Brookfield: Finding The Right Mix Of Capital Growth, Hard Assets, And High Margins Brookfield Asset Management: 15% Dividend Hike, Record AUM, Big Yield Brookfield Asset Management: Golden Buying Opportunity Brookfield Asset Management Ltd. Q1 2026 Earnings Preview Brookfield Asset Management prices $1B note offering
Exclusive: Co-chair Vula Tsetsi says it is time to trigger debate, as statement is agreed at annual leadership meeting in Brussels The European Green party has urged the UK to consider rejoining the EU and draw a line under the “political and economic failure” of Brexit. A text declaring that “the United Kingdom’s future lies in the European Union” was adopted by a large majority of European green...
Exclusive: Co-chair Vula Tsetsi says it is time to trigger debate, as statement is agreed at annual leadership meeting in Brussels The European Green party has urged the UK to consider rejoining the EU and draw a line under the “political and economic failure” of Brexit. A text declaring that “the United Kingdom’s future lies in the European Union” was adopted by a large majority of European green parties at the movement’s annual leadership meeting on Friday, the day before Europe Day. Continue reading...
(RTTNews) - Acer Inc. (2353.TW), a computer hardware company, Friday reported consolidated April revenues of NT$31.31 billion, up 68.4 percent from the same period last year and 4.7 percent month-over-month. Revenues for January through April reached NT$103.74 billion, marking a
(RTTNews) - Acer Inc. (2353.TW), a computer hardware company, Friday reported consolidated April revenues of NT$31.31 billion, up 68.4 percent from the same period last year and 4.7 percent month-over-month. Revenues for January through April reached NT$103.74 billion, marking a
Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million
Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million Revenue Increase of 23% Driven by Ramp Up of Long-Term Contracts Won in 2025; Enters Second Quarter with a Record Backlog of $273.3 Million
BROOKFIELD, NEWS, May 08, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC) announced today financial results for the quarter ended March 31, 2026.
BROOKFIELD, NEWS, May 08, 2026 (GLOBE NEWSWIRE) -- Brookfield Business Corporation (NYSE, TSX: BBUC) announced today financial results for the quarter ended March 31, 2026.
An entry‑level software engineer in San Francisco would need to be paid $162,000 a year to qualify for an H‑1B visa under a Trump administration proposal — almost 30% more than today. In Dallas, the minimum would jump by a similar rate to $113,000 and in New York to $132,000. Those are the types of pay increases potentially in store for immigrants using the most popular path for white-collar worke...
An entry‑level software engineer in San Francisco would need to be paid $162,000 a year to qualify for an H‑1B visa under a Trump administration proposal — almost 30% more than today. In Dallas, the minimum would jump by a similar rate to $113,000 and in New York to $132,000. Those are the types of pay increases potentially in store for immigrants using the most popular path for white-collar workers to enter or stay in the US. It’s part of changes to the H-1B program that the Trump administration says will help prevent foreigners from undercutting Americans’ wages. The plan to boost minimum salaries would cost the biggest employers of white-collar foreign talent at least $18 billion in the first 12 months, according to an analysis by immigration data companies Lawfully and Threshold. Within three years — when most existing H-1B visas will have to be renewed at the higher level — the annual cost could reach as high as $43 billion, the study found. The financial hit for employers is only half the story. The new thresholds are ultimately likely to shrink opportunities for young talent as employers balk at spending the extra money. President Donald Trump campaigned for his second term on a promise to crack down on all types of immigration, and his most high-profile efforts have focused on rounding up and deporting those who crossed the southern border illegally. But he’s also worked to clamp down on opportunities for professionals to come to the US, saying that the system was rife with abuse and exploitation. In its notice earlier this year proposing the salary requirements, which awaits final approval from the Labor Department, the administration said H-1B visa holders are generally offered about $10,000 less a year than their US counterparts. Backers see Trump’s proposal as a way to level the playing field for Americans and ensure the visas are being used for their stated purpose — to bring in exceptional talent in sectors where there’s a shortage of highly-skilled wo...
The market is buying AppLovin after earnings, with the firm posting solid beats and providing encouraging commentary on early-stage growth initiatives.
The market is buying AppLovin after earnings, with the firm posting solid beats and providing encouraging commentary on early-stage growth initiatives.
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)
The Iran war's shaky ceasefire was further strained on Friday as the United Arab Emirates responded to a missile and drone strikes. (Image credit: Amirhosein Khorgooi)