Rambus Inc Del Stock Price, News & Analysis

Rambus Inc. (NASDAQ: RMBS) has signed a commercial licensing agreement with the U.S. Defense Advanced Research Projects Agency (DARPA) to enhance technology innovation. This agreement allows DARPA researchers access to Rambus's renowned security and high-speed chip interface IP products. The partnership is part of DARPA's Toolbox initiative, aimed at providing streamlined access to commercial technology for researchers. This collaboration offers opportunities for Rambus to leverage DARPA's research to explore new revenue streams while supporting various applications, including AI and 5G networking.

Rambus Inc. (Nasdaq: RMBS) announced a conference call scheduled for May 3, 2021, at 2:00 p.m. PT to discuss its first quarter fiscal year 2021 results. The call will be available via webcast on the Rambus website, with a replay option accessible for one week. Rambus specializes in advanced semiconductor technology, creating chips and silicon IP that enhance data speed and security.

Rambus Inc. (NASDAQ: RMBS) announced the appointment of James Mitarotonda to its Board of Directors as a Class I director, with a term ending at the 2022 annual meeting. Mitarotonda, currently the CEO of Barington Capital Group, has notable financial expertise and board experience. His addition is expected to enhance Rambus’ strategy, particularly in capitalizing on growth in data centers and cloud computing. The company also disclosed a voting agreement with Barington, ensuring support for director nominees at the upcoming meeting.

Mixel, Rambus (NASDAQ: RMBS), and Hardent have announced a cutting-edge MIPI DSI-2 display subsystem solution aimed at enhancing mobile, AR/VR, and automotive displays. This collaboration offers integrated IP solutions that boost bandwidth and efficiency, featuring support for up to 60 Gbps without compression and leveraging VESA Display Stream Compression for enhanced performance. The solution is available immediately and is designed to minimize project risk while accelerating time to market. Key benefits include optimized ASIC design performance and maximum functionality across MIPI DSI-2 modes.

Rambus Inc. (NASDAQ:RMBS) reported Q4 2020 GAAP revenue of $61.9 million, with strong licensing billings at $64.2 million. The company generated $42.1 million in cash from operations, boosting its total for 2020 to $185.5 million, a 44% increase year-over-year. Despite a net loss of $12.1 million, the Memory Interface Chip segment saw a 56% revenue growth. Rambus expects continued growth, targeting Q1 2021 licensing billings between $60 - $66 million.

Rambus Inc. (Nasdaq: RMBS) announced a conference call scheduled for February 1, 2021, at 2:00 p.m. PT to discuss its fourth quarter and fiscal year 2020 results. The call will be webcast on the Rambus Investor Relations website, with a replay available for one week at designated numbers. As a leading provider of silicon IP, Rambus focuses on enhancing data security and speed across various applications including data center and artificial intelligence. More details can be found on their official website.

Rambus Inc. (Nasdaq: RMBS) announced that Rahul Mathur, the chief financial officer, will present at the 23rd Annual Needham Virtual Growth Conference on January 12, 2021, at 3:30 p.m. ET. This presentation will be accessible through a webcast on the Rambus Investor Relations website, where a replay will also be available post-event. Rambus specializes in making data faster and safer, leveraging 30 years of innovation.

On December 23, 2020, a single asymptomatic case of COVID-19 was detected among employees traveling to the Ekati Mine. The individual has been isolated, and a comprehensive Trigger Action Response Plan was activated, resulting in 29 others being quarantined as a precaution. All tested negative, with follow-up testing planned. Dominion Diamond Mines is collaborating with the Chief Public Health Officer of the Northwest Territories to monitor the situation closely.

Rambus Inc. (Nasdaq: RMBS) announced that CEO Luc Seraphin and CFO Rahul Mathur will present at two upcoming virtual investor events. The Wells Fargo TMT Virtual Summit is scheduled for December 1, 2020, at 2:00 p.m. ET, followed by the Credit Suisse 24th Annual Technology Virtual Conference on December 2, 2020, at 2:00 p.m. ET. Both presentations will be available via webcast on the Rambus Investor Relations website, with replays accessible after the events.