Rambus Inc. Stock News

Rambus, despite past challenges, is now an appealing buy at 28x forward free cash flow, with over 5% of its market cap in cash. The company specializes in memory interface chips and chipsets, with strong growth driven by DDR5 adoption and data center demand. While revenue growth rates are erratic, Rambus' robust balance sheet and leading memory technologies offer a solid investment opportunity.

SAN JOSE, Calif.--(BUSINESS WIRE)--Rambus Inc. (Nasdaq: RMBS), a provider of industry-leading chips and IP making data faster and safer, today announced that its executives will present at two upcoming investor events. Wells Fargo 8th Annual TMT Summit Luc Seraphin, chief executive officer and Desmond Lynch, chief financial officer, will present at the Wells Fargo 8th Annual TMT Summit in Ranch...

After our first update, 1 year ago, RMBS underperformed, facing persistent DDR4 inventory challenges despite strong DDR5 Growth. In my opinion, the recent Q3 2024 print represents an inflection point. RMBS launched several innovative DDR5 related products for AI/data centers, reinforcing its position in this high-demand markets while turning the DDR4 page.

Rambus, a $4.7 billion semiconductor company, enhances data storage and processing speed through advanced memory subsystems, addressing critical bottlenecks amid the growing demand for AI, 5G, and IoT. RMBS is positioning itself as a leader in the DDR5 market, crucial for real-time AI inference, positioning it for long-term growth. The company achieved 40% YoY revenue growth in Q3 2023, driven ...

Surging DRAM demand in the data center is benefiting this memory interface company.

Rambus Inc. (NASDAQ:RMBS ) Q3 2024 Earnings Conference Call October 28, 2024 5:00 PM ET Company Participants Desmond Lynch - Chief Financial Officer Luc Seraphin - President and Chief Executive Officer Conference Call Participants Kevin Cassidy - Rosenblatt Securities Blayne Curtis - Jefferies Mehdi Hosseini - SIG Nam Kim - Arete Research Gary Mobley - Loop Capital Operator Welcome to the Rambu...

SAN JOSE, Calif.--(BUSINESS WIRE)--Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the third quarter ended September 30, 2024. GAAP revenue for the third quarter was $145.5 million, licensing billings were $65.4 million, product revenue was $66.4 million, and contract and other revenue was $15.0 million. T...

Rambus Inc. NASDAQ: RMBS is a chip designer and producer that licenses its technology and architecture to semiconductor companies. Like Arm Holdings Inc. NASDAQ: ARM, Rambus also licenses and collects royalties on the chips using their memory architecture and any of its over 2,700 patents and applications.