Astera Labs
30 named things its latest annual report says its results depend on, each in the company's own words. 20 of them are also named by other companies we've read.
Customers
Largest end customer (unnamed hyperscaler)
earns from · more than 70% of our revenuenamed as a riskIn 2025, one end customer represented more than 70% of our revenue; the top three end customers represented an aggregate of approximately 86% of our revenue.Risk factors (Item 1A)
Also named by ANET
Top three end customers
concentrated in · approximately 86% of our revenuenamed as a riskFor example, in 2025, our top three end customers represented an aggregate of approximately 86% of our revenue.Business (Item 1)
Suppliers
Taiwan Semiconductor Manufacturing Co. (TSMC)
depends onnamed as a riskTSMC is our sole manufacturing partner for our integrated circuits and we currently have not qualified another source.Risk factors (Item 1A)
Also named by ADI, AMD, AVGO, CRWV, ENTG, FTNT, INTC, KLAC and 6 more
Advanced Semiconductor Engineering (ASE)
depends onnamed as a riskWe also use Advanced Semiconductor Engineering and Amkor Technologies to assemble, package, and test our integrated circuits.Risk factors (Item 1A)
Amkor Technology
depends onnamed as a riskWe also use Advanced Semiconductor Engineering and Amkor Technologies to assemble, package, and test our integrated circuits.Risk factors (Item 1A)
Also named by QCOM
Competitors
Broadcom
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Credo Technology Group
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Also named by CIEN
Marvell Technology
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Also named by FTNT
Montage Technology
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Also named by RMBS
Microchip Technology
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Parade Technologies
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Rambus
competes withnamed as a riskOur principal competitors include Broadcom, Inc., Credo Technology Group Holding Ltd., Marvell Technology, Inc., Microchip Technology Inc., Montage Technology, Parade Technologies, Ltd., and Rambus, Inc.Business (Item 1)
Places
East Asia
earns from · the majority of our revenuenamed as a riskThe occurrence of such events may have an adverse impact because the majority of our revenue derives from sales into East Asia.Risk factors (Item 1A)
Also named by AVAV
Taiwan
concentrated innamed as a riskFor example, the foundry used by our primary manufacturer, TSMC, as well as our primary distributor, is located in Taiwan.Risk factors (Item 1A)
Also named by AAOI, AAPL, AB, ADI, AEHR, AMAT, AMD, ANET and 50 more
China
earns fromnamed as a riskAdverse changes in the political, regulatory, and economic policies of governments in connection with trade with China and Chinese customers have reduced the demand for our products and damaged our business.Risk factors (Item 1A)
Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more
Singapore
concentrated innamed as a riskOur third-party manufacturing partners and distributors, and the majority of our revenue, are concentrated primarily in Singapore, China, Taiwan, South Korea, and other countries, areas that are or may be subject to geopolitical uncertainty, trade disputes and restrictions, environmental disasters, and other risks.Risk factors (Item 1A)
Also named by A, AAPL, AMAT, ANET, APP, AVGO, DLR, EW and 12 more
South Korea
concentrated innamed as a riskFurther, continued or heightened tension between South Korea and North Korea, an outbreak in military hostilities, or other actions or occurrences could cause significant delays in the production or shipment of our products until we are able to shift our manufacturing, assembling, testing, or distribution from the affected contractor to another third-party.Risk factors (Item 1A)
Also named by AAPL, AMAT, BE, BWA, CPNG, CROX, ENTG, FAST and 11 more
Hazards
Taiwan earthquakes
concentrated innamed as a riskThe risk of an earthquake in Taiwan and elsewhere in the Pacific Rim region on our business is significant due to the proximity of major earthquake fault lines to the foundry’s facilities.Risk factors (Item 1A)
Also named by AMD
Commodities and inputs
Rare earth minerals
depends onnamed as a riskFurther changes in trade or national security protection policy, tariffs, additional taxes, restrictions on exports or other trade or investment barriers, including those taken against the United States in retaliation for U.S. policies, may limit our ability to obtain equipment, components or raw materials (including rare earth minerals), limit our ability to produce products, increase our selling and/or manufacturing costs, decrease margins, reduce the competitiveness of our products, reduce our ability to sell products, or reduce our ability to have mergers and acquisitions approved by governmental agencies, any of which could have a material adverse effect on our business, results of operations, or financial conditions.Risk factors (Item 1A)
Also named by AMAT, COHR, DE, EXTR, GE, GEHC, GWW, JCI and 10 more
Silicon wafers
exposed to its pricenamed as a riskMoreover, TSMC has increased and may increase in the future the wafer prices we pay.Risk factors (Item 1A)
IC substrates
depends onnamed as a riskFor example, in the past the industry has seen shortages of packaging materials, including substrates, and also experienced silicon wafer capacity constraints.Risk factors (Item 1A)
Regulators
U.S. Department of Commerce
subject tonamed as a riskThese export restrictions, which would require that we obtain licenses from the U.S. Department of Commerce to allow us to export products to such listed firms, will likely limit or prevent us from doing business with certain potential customers or potential suppliers.Business (Item 1)
Also named by AIR, AMKR, AXON, DELL, DLTR, ENTG, FSLR, INTC and 9 more
Laws and programs
U.S. Export Administration Regulations (EAR)
subject tonamed as a riskDue to the U.S. government restricting sales to certain customers in China, sales to some of our customers may require licenses in order for us to export our products; however, there can be no assurances that requests for licenses will be approved by the U.S. government.Risk factors (Item 1A)
Also named by ADI, AMD, APP, ARW, AVGO, CARR, CDRE, COHR and 40 more
EU Artificial Intelligence Act
subject tonamed as a riskIf we develop or use AI systems that are governed by the EU AI Act, it may necessitate ensuring higher standards of data quality, transparency, and human oversight, as well as adhering to specific and potentially burdensome and costly ethical, accountability, and administrative requirements.Risk factors (Item 1A)
Also named by ABNB, ADP, AIOT, AKAM, AMG, APP, AVAV, BKNG and 24 more
U.S. Entity List
subject tonamed as a riskFor example, the U.S. Department of Commerce continues to add Chinese firms to the Entity List.Business (Item 1)
U.S. advanced computing semiconductor export controls
subject tonamed as a riskFor example, the U.S. Commerce Department imposes and periodically revises restrictions on advanced computing ICs, computer commodities that contain such ICs, as well as on certain semiconductor manufacturing items, and expands controls on transactions involving items for supercomputer and semiconductors and manufacturing end-uses.Risk factors (Item 1A)
China unreliable entity law
subject tonamed as a riskAny designation as an unreliable supplier may have an adverse impact on our business and operations.Risk factors (Item 1A)
U.S. DOJ Sensitive Personal Data rule
subject tonamed as a riskFor example, the Department of Justice’s January 8, 2025, rule on “Preventing Access to U.S. Sensitive Personal Data and Government-Related Data by Countries of Concern or Covered Persons,” prohibits or restricts certain data transactions involving countries of concern, including China.Risk factors (Item 1A)
Technology
Aries Smart DSP Retimer
concentrated innamed as a riskFor example, most of our historical sales have been for our Aries Smart DSP Retimer product family.Risk factors (Item 1A)
Compute Express Link (CXL) and UALink standards
depends onnamed as a riskFor example, CXL connectivity solutions and UALinkTM are in the early stages of market adoption.Risk factors (Item 1A)