partnerScore 45/100Research
Astera Labs developing custom NVLink Fusion switches for NVIDIA hybrid rack architectures; expected revenue contribution in 2027 with 'deep engagements' for initial design wins
Jitendra Mohan· Astera Labs· AI· 2026-05-05· about Astera Labs, NVIDIA (ASTRA, NVDA)
“We have several very deep engagements for an initial design win in collaboration with NVIDIA and a hyperscaler. That project is going well, and we do expect that to start contributing revenue in 2027.”
Why it matters
Astera Labs is becoming embedded in NVIDIA's NVLink Fusion ecosystem, suggesting NVIDIA is outsourcing custom switch development rather than building in-house.
Investment implication
Picks-and-shovels opportunity: companies enabling protocol translation and bridging (e.g., PCIe/UALink to NVLink) will benefit from hybrid GPU/XPU deployments in 2027-2028.