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Astera Labs launches Scorpio X-Series 320 Lane AI fabric switch to boost large-scale AI cluster performance.

Market News
05 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Astera Labs has introduced the Scorpio X-Series 320 Lane Smart Fabric Switch, the largest open memory-semantic fabric switch designed to enhance AI cluster scalability and reduce latency. This new switch supports larger scale-up AI clusters with improved token economics through hardware-accelerated Hypercast and In-Network Compute engines, which double collective operation speeds and improve GPU utilization. The expanded Scorpio P-Series now offers 32 to 320 lane configurations, providing flexible connectivity options for diverse AI accelerator systems. These innovations aim to meet the increasing demands of AI production workloads by improving infrastructure efficiency and operational reliability, with production ramping up in the second half of 2026.

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EQT Q2 earnings forecast shows potential miss amid lower natural gas prices and cautious outlook.

EQT Q2 earnings forecast shows potential miss amid lower natural gas prices and cautious outlook.

EQT Corporation is expected to report Q2 2026 earnings per share of $0.41 and revenue between $1.79 billion and $1.84 billion. The forecast is pressured by weaker natural gas prices and a negative Earnings ESP of -10%, indicating a risk of missing co...

Company Fundamentals
Bearish
1 hour ago
Zoom appoints Carlos Quaderi as Head of APAC to lead AI-driven growth phase

Zoom appoints Carlos Quaderi as Head of APAC to lead AI-driven growth phase

Zoom Video Communications has appointed Carlos Quaderi as Head of Asia Pacific (APAC), effective August 1, 2026. Quaderi will oversee Zoom's go-to-market strategy across APAC, including Australia, New Zealand, Asia, India, and Korea (excluding Japan)...

Market News
Bullish
1 hour ago
Domino's Pizza misses Q2 earnings estimates and appoints new CEO amid market challenges.

Domino's Pizza misses Q2 earnings estimates and appoints new CEO amid market challenges.

Domino's Pizza reported a Q2 earnings per share (EPS) of $4.07, slightly below the expected $4.11, reflecting slower US sales growth and weaker customer spending. The company faces pressure as pizza sales lag behind other fast-food categories, partly...

Company Fundamentals
Bearish
1 hour ago
Home Bancorp beats earnings and revenue estimates, raises dividend by 3%.

Home Bancorp beats earnings and revenue estimates, raises dividend by 3%.

Home Bancorp reported earnings per share of $1.49, surpassing the $1.46 estimate, and revenue of $45.48 million, well above the $38.57 million forecast. This marks the fourth consecutive quarter of revenue growth exceeding expectations. The bank show...

Company Fundamentals
Bullish
2 hours ago
FDH Aero and LATECOERE sign global hardware supply deal supporting aerospace manufacturing in six countries

FDH Aero and LATECOERE sign global hardware supply deal supporting aerospace manufacturing in six countries

FDH Aero and LATECOERE have entered a global supply agreement, making FDH Hardware a key supplier for LATECOERE's manufacturing sites in Brazil, Bulgaria, France, the Czech Republic, Tunisia, and Morocco. This partnership aligns FDH Aero's hardware p...

Company Fundamentals
Bullish
2 hours ago
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