Welcome to our dedicated page for Rambus news (Ticker: $RMBS), a resource for investors and traders seeking the latest updates and insights on Rambus stock.
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Rambus Inc. (NASDAQ:RMBS) reported strong Q1 results, with GAAP revenue of $117.9 million, licensing billings of $63.2 million, product revenue of $50.4 million, and contract and other revenue of $20.0 million. The Company generated $39.1 million cash from operating activities. Luc Seraphin, CEO, highlighted the focus on data center and AI, introducing new products and ensuring long-term growth and shareholder value.
Rambus Inc. expands its chipset for advanced data center memory modules with new DDR5 server Power Management ICs, offering industry-leading performance and capacity for AI and other workloads. The new family of PMICs supports multiple generations of high-performance DDR5-based servers, providing a complete memory interface chipset for DDR5 server memory modules.