Core Insights - Astera Labs (NASDAQ: ALAB) is considered undervalued despite significant growth in the AI/Data center connectivity market, with a reported revenue increase of 242% to $396.3 million in the 4Q 2024 earnings report [1] Group 1: Company Performance - Astera Labs achieved a remarkable revenue growth of 242%, reaching $396.3 million [1] Group 2: Market Position - The company is newly listed, which may contribute to its current undervaluation in the market [1]