Feb 21 (Reuters) - Chipmaker Astera Labs filed for an initial public offering in the United States on Wednesday.

The U.S. IPO market is expected to rebound this year after a two-year lull fueled by the Federal Reserve's interest rate hikes and geopolitical uncertainty, amid growing expectations of a soft landing.

Santa Clara, California-based Astera will list its shares on the Nasdaq Global Select Market.

Morgan Stanley and J.P. Morgan Securities are the lead underwriters for the offering.

https://www.reuters.com/markets/deals/chipmaker-astera-labs-files-us-ipo-2024-02-21/