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Rambus Inc. - RMBS STOCK NEWS

Welcome to our dedicated news page for Rambus (Ticker: RMBS), a resource for investors and traders seeking the latest updates and insights on Rambus.

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) demonstrates CXL Platform Development Kit enabling memory tiering for AI infrastructure at Supercomputing 2023. The demonstration showcases CXL memory tiering functionality in a production server, leveraging today's available hardware to accelerate the development of next-generation CXL-based solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.41%
Tags
none
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Rhea-AI Summary
Rambus Inc. (Nasdaq: RMBS) executives to present at three upcoming investor events, including Arete Virtual Tech Conference, Wells Fargo 7th Annual TMT Summit, and Nasdaq 49th Investor Conference, providing insights into the company's future plans and strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
conferences
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Rhea-AI Summary
Rambus Inc. reported strong Q3 results with revenue of $105.3 million, licensing billings of $57.9 million, product revenue of $52.2 million, and cash provided by operating activities of $51.6 million. The company completed the sale of its PHY IP business and generated $100.0 million through an accelerated share repurchase program. Rambus is well positioned to address the increasing memory performance requirements in the data center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.49%
Tags
Rhea-AI Summary
Rambus Inc. announces that their HBM3 Memory Controller IP now delivers up to 9.6 Gbps performance, a 50% increase over the previous data rate, enabling a total memory throughput of over 1.2 TB/s for AI/ML training and other data center workloads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.76%
Tags
AI
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Rhea-AI Summary
Rambus Inc. to hold conference call to discuss Q3 fiscal year 2023 results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
-
Rhea-AI Summary
Rambus Inc. added to PHLX Semiconductor Sector Index on Nasdaq
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none
Rhea-AI Summary
Rambus completes sale of PHY IP business to Cadence Design Systems, focuses on high-growth chips and digital IP. Affirms guidance for fiscal quarter ending September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
Tags
none
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Rhea-AI Summary
Rambus announces full suite of Security IP solutions for the FPGA market, including cryptographic and Quantum Safe protections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.03%
Tags
none
-
Rhea-AI Summary
Rambus Inc. has announced an accelerated share repurchase program with Royal Bank of Canada to repurchase approximately $100 million of its common stock. The program is part of Rambus' strategic approach to capital allocation and demonstrates confidence in the company's long-term growth. Rambus will pre-pay $100 million to Royal Bank of Canada and receive an initial delivery of approximately 1.6 million shares of its common stock. The final number of shares to be repurchased will be determined based on the volume-weighted average price of Rambus common stock during the transaction. The program is expected to be completed by the end of the third quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.13%
Tags
buyback
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.36%
Tags
Rambus Inc.

Nasdaq:RMBS

RMBS Rankings

RMBS Stock Data

6.53B
107.19M
0.69%
91.52%
2.83%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
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.