Latest news with #cloudconnectivity
Tahawul Tech
30-07-2025
- Business
- Tahawul Tech
Nokia provides optical technology for new subsea cable
The Medusa subsea cable system, an infrastructure project designed to boost AI, 5G and cloud connectivity in Europe and North Africa, is set to receive optical technology from Nokia. As part of the agreement, Nokia will supply key optical network equipment including its 1830 Global Express (GX) platform and ICE7 coherent optics engine to support the project, owned by Africa-based operator AFR-IX Telecom. The Medusa cable will span the Mediterranean, Atlantic and Red Sea regions, linking countries including Morocco, Tunisia, Algeria, Libya and Egypt. The deployment aims to address growing demand for bandwidth-heavy technologies across the region, such as AI, 5G and cloud infrastructure. Nokia stated the use of its ICE7 optical engine will allow the cable to transmit tens of terabits per second per fibre pair, offering high performance with improved cost and power efficiency. 'Medusa is laying the groundwork for a more connected and inclusive digital future', said Miguel Angel Acero, CTO and founder of Medusa. 'This partnership ensures we meet the demands of today while building a strong, future-ready infrastructure for tomorrow', he added. John Harrington, SVP at Nokia, shared the sentiment, stating that the partnership is set to bring 'new, faster and more reliable connectivity to millions of people' as well as support economic and digital development across the region. Source: Mobile World Live Image Credit: Nokia
Yahoo
18-06-2025
- Business
- Yahoo
Astera Labs Soars on Expanding AI Reach With Alchip, NVIDIA Deals
Astera Labs ALAB is gaining popularity as a critical enabler in the AI and cloud connectivity space, backed by strong business expansion through organic growth and expanding strategic alliances. The company reported a stellar first quarter of 2025 with revenues surging 144% year over year, driven by robust demand across its Aries, Taurus, Leo and Scorpio product families. ALAB's focus on AI rack-scale connectivity, broader platform support beyond NVIDIA NVDA, and leadership in PCIe 6 technology positions it well for long-term growth. ALAB's recently announced partnership with Taiwan-based Alchip Technologies aims to accelerate AI infrastructure adoption by integrating advanced connectivity and ASIC design capabilities. This collaboration enhances Astera's positioning across the AI value chain and underscores its growing relevance in hyperscale environments. With shares rallying over 30% in the past three months, outpacing both the Internet-Software industry and the S&P 500, Astera Labs is fast becoming a standout in next-gen AI infrastructure. Image Source: Zacks Investment Research Astera Labs is sharpening its competitive edge through a series of strategic collaborations that bolster its presence across the AI and cloud infrastructure ecosystem. Yesterday, the company announced a partnership with Alchip Technologies, combining its intelligent connectivity solutions with Alchip's high-performance ASIC design expertise. This collaboration aims to streamline AI infrastructure deployment by delivering integrated, interoperable solutions tailored to the growing complexity of data center workloads. Collaborations with ecosystem leaders like Wistron further expand Astera Lab's reach into OEM and modular platforms. In addition, Astera continues to deepen its collaboration with NVIDIA, playing a pivotal role in the rollout of Blackwell-based MGX systems. Astera remains the only connectivity provider to demonstrate complete end-to-end PCIe 6 interoperability with NVIDIA's next-generation GPUs—a milestone that underscores the company's technical leadership and trusted ecosystem role. In this regard, we should also note that Astera Lab's leading competitor Marvell Technology MRVL has also partnered with NVIDIA on NVLink Fusion. The partnership is aimed at tightly integrating Marvell's custom silicon with NVIDIA's rack-scale architecture, delivering a 1.8 TB/s bidirectional bandwidth. At OFC 2025, Marvell showcased the first end-to-end PCIe Gen 6-over-optics solution, enabling 10-meter optical links optimized for AI server scale-up environments. The Zacks Consensus Estimate for Astera Lab's 2025 earnings implies a 60.7% improvement year over year. Image Source: Zacks Investment Research Astera Labs is presently trading at a forward 12-month price-to-sales of 18.63X, which is below its 1-year median of 19.90X. However, it remains overvalued compared to the industry. Image Source: Zacks Investment Research ALAB currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Astera Labs, Inc. (ALAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
