Rambus Inc Del Stock Price, News & Analysis

Rambus Inc. (NASDAQ:RMBS) reported strong Q4 2022 results, with GAAP revenue at $122.4 million, compared to $91.8 million in Q4 2021, marking a substantial year-over-year growth. Product revenue surged 58% to $67.2 million, supported by increased demand for memory interface chips. The company generated $51.3 million in cash from operations during Q4 and $230.4 million for the entire year. Rambus anticipates first-quarter revenues between $57 million and $63 million for 2023, continuing its focus on the data center market.

Rambus Inc. (NASDAQ: RMBS) has launched its new 6400 MT/s DDR5 Registering Clock Driver (RCD), boosting data rate and bandwidth by 33% compared to Gen1 DDR5 devices. This advancement supports DDR5 RDIMMs for server main memory, enhancing performance for next-gen data centers. With a focus on optimized timing parameters and reduced latency, Rambus expands its DDR5 offerings to include Gen1 4800 MT/s, Gen2 5600 MT/s, and now Gen3 6400 MT/s RCDs. These innovations position Rambus as a leader in memory solutions, addressing the increasing demands for higher bandwidth and capacity in data center workloads.

Rambus Inc. (NASDAQ: RMBS) will host a conference call on February 6, 2023, at 2:00 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2022 results. The call will be available via webcast on Rambus' website, with a replay accessible afterward. Rambus is recognized for its advanced semiconductor solutions, focusing on enhancing data throughput and integrity in various applications, from cloud computing to mobile devices. With over 30 years of experience, Rambus aims to address the growing data demands in today's technology landscape.

Rambus Inc. (RMBS) announced that CFO Desmond Lynch will present at the 25th Annual Needham Virtual Growth Conference on Thursday, January 12, 2023, at 4:30 p.m. ET. The live presentation will be accessible via webcast on the Rambus Investor Relations website. A replay will be available post-event. Rambus specializes in high-performance chips and silicon IP, enhancing data speed and security. With over 30 years in the semiconductor field, Rambus addresses the growing demands for data throughput in various applications.

Rambus Inc. (NASDAQ: RMBS) will showcase its innovations at Supercomputing 2022 from November 13-18, 2022, at the CXL Consortium Booth #2838 in Dallas, TX. The event includes a live demonstration of the CXL 2.0 interface IP, featuring a Type 3 endpoint using Rambus' CXL 2.0 controller. This technology aims to enhance interoperability with CXL hosts, showcasing Rambus' commitment to high-performance data solutions. For more details on products addressing data needs, visit rambus.com.

Rambus Inc. (NASDAQ: RMBS) has announced its executives will present at three key investor events. Steven Woo will speak at the Wells Fargo Expert Call on Compute Express Link (CXL) on November 4, 2022, at 8:00 a.m. PT. Meanwhile, Luc Seraphin and Desmond Lynch will present at the Credit Suisse 26th Annual Technology Conference on November 29, 2022, at 2:20 p.m. MT, and at the Wells Fargo 6th Annual TMT Summit on November 30, 2022, at 1:50 p.m. PT. Webcasts will be available on their Investor Relations website.

Rambus Inc. (NASDAQ:RMBS) reported strong Q3 2022 results, exceeding revenue and earnings guidance.

Revenue reached $112.2 million, up from $81.3 million in Q3 2021, with product revenue at $58.6 million. The company generated $80 million in cash from operations.

Rambus initiated a $100 million accelerated share repurchase program, highlighting its commitment to shareholder returns. The net income was $0.9 million, with diluted earnings per share of $0.01. Outlook for Q4 2022 includes licensing billings of $59-$65 million and product revenue of $63-$69 million.

Rambus Inc. (NASDAQ: RMBS) has announced a ten-year extension of its patent license agreement with Samsung Electronics, maintaining existing financial terms and broad access to Rambus's patent portfolio until late 2033. This strategic partnership aims to deepen collaboration between the two companies, enhancing value within the semiconductor industry. Rambus continues to lead in advanced chips and silicon IP, focusing on improving data throughput and integrity for data-intensive systems. The new agreement is expected to solidify their long-term relationship in the tech landscape.

Rambus Inc. (RMBS) has launched its PCIe 6.0 Interface Subsystem, featuring a data rate of up to 64 GT/s and full support for the CXL 3.0 standard. This subsystem includes a PCIe controller with Integrity and Data Encryption (IDE) engine for enhanced security, optimized for next-gen heterogeneous computing. Highlights also include low-latency Forward Error Correction for improved link resilience and backward compatibility with earlier PCIe versions. This innovation aims to meet the escalating performance demands of advanced data center architectures.