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Rambus Inc - $RMBS STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rambus's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rambus's position in the market.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.36%
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Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.36%
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none
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Rhea-AI Summary
Rambus Inc. (RMBS) will hold a conference call to discuss its first quarter fiscal year 2024 results on April 29, 2024, at 2:00 p.m. Pacific Time. The call will be webcast and accessible on Rambus' website. A replay will be available for one week.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
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Rhea-AI Summary
Rambus Inc. (NASDAQ: RMBS) announces an accelerated share repurchase program with Royal Bank of Canada to buy back $50 million of its common stock, showcasing confidence in the company's growth and commitment to increasing shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.86%
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buyback
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Rhea-AI Summary
Rambus Inc. (RMBS) announces CEO and CFO will present at Morgan Stanley Conference. The presentation will be webcasted and available for replay on the Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
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conferences
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Rhea-AI Summary
Rambus Inc. (NASDAQ:RMBS) reported strong Q4 results with revenue at $122.2 million and earnings at the high end of guidance. The company generated $54.8 million in cash from operations in Q4 and produced quarterly product revenue of $53.7 million driven by memory interface chips. Rambus also launched the industry’s first Gen4 DDR5 RCD for server memory modules. The GAAP revenue for the quarter included licensing billings of $66.2 million, product revenue of $53.7 million, and contract and other revenue of $16.1 million. The Company's operating income was $35.1 million, with a net income of $58.5 million and diluted net income per share of $0.53. Cash, cash equivalents, and marketable securities as of December 31, 2023, were $425.8 million, an increase of $50.3 million as compared to September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.18%
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Rhea-AI Summary
Rambus Inc. (Nasdaq: RMBS) is set to present at DesignCon 2024, covering topics like IP solutions for data center, 5G/edge, and IoT applications, as well as emerging technologies like DDR5, HBM3E, PCIe 6.1, and CXL 3.1 interfaces. The presentations will also explore quantum safe cryptography, VESA display stream compression, and the impact of generative AI on data center infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
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Rhea-AI Summary
Rambus Inc. (Nasdaq: RMBS) will hold a conference call on February 5, 2024, to discuss its Q4 and fiscal year 2023 results. The call will be webcast and a replay will be available on the Rambus Investor Relations website. Access details are provided for domestic and international participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.4%
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Rhea-AI Summary
Rambus Inc. (Nasdaq: RMBS) announced that Desmond Lynch, CFO, and Matt Jones, VP of strategic marketing, will present at the 26th Annual Needham Growth Conference on January 16, 2024. The presentation will be available via webcast on the Rambus Investor Relations website. A replay will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
Tags
conferences
Rhea-AI Summary
Rambus Inc. (NASDAQ: RMBS) announced the availability of its state-of-the-art Gen4 DDR5 Registering Clock Driver (RCD) which boosts the data rate to 7200 MT/s, enabling a 50% increase in memory bandwidth over today’s solutions. The RCD supports the rapid pace of server main memory performance improvements to meet the demands of generative AI and other advanced data center workloads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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Rambus Inc

Nasdaq:RMBS

RMBS Rankings

RMBS Stock Data

6.07B
107.19M
0.69%
91.52%
2.83%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States of America
SAN JOSE

About RMBS

at rambus, we create cutting-edge semiconductor and ip products, spanning memory and interfaces to security, smart sensors and lighting. our chips, customizable ip cores, architecture licenses, tools, services, training and innovations improve the competitive advantage of our customers.