Rambus Inc Del Stock Price, News & Analysis

Rambus Inc. (NASDAQ: RMBS) has expanded its DDR5 memory interface chip portfolio by introducing the SPD Hub and Temperature Sensor. These components enhance system management and thermal control for improved total cost of ownership (TCO). The company's DDR5 solutions deliver state-of-the-art bandwidth, complemented by an industry-leading Registering Clock Driver (RCD), boosting performance across servers, desktops, and laptops.

Rambus Inc. (Nasdaq: RMBS), a leader in data processing technology, announced its participation in two investor events in June 2022. Steven Woo, a distinguished inventor, will present at the Rosenblatt 2nd Annual Technology Virtual Summit on June 9 at 1:00 p.m. PT. Additionally, CEO Luc Seraphin will speak at the Nasdaq 46th Investor Conference in London on June 14 at 8:00 a.m. PT. Webcasts of both presentations will be available on the Rambus Investor Relations website, with replays accessible after the events.

Rambus Inc. (NASDAQ: RMBS) has completed the acquisition of Hardent, Inc., a leading SoC digital design firm, to enhance its CXL Memory Interconnect Initiative. This strategic acquisition aims to bolster Rambus's capabilities in developing advanced CXL-based solutions for cloud data centers. The integration of Hardent's expertise is expected to improve memory performance and capacity for data-intensive workloads. Importantly, the transaction is not projected to materially impact Rambus's financial results for 2022.

Altavair L.P., a leading firm in commercial aviation lease finance, has expanded its operations by opening Altavair Limited in Dublin, Ireland. This new office will enhance support across marketing, accounting, legal, and contract management, complementing existing locations in London, Seattle, and Singapore. CEO Steve Rimmer highlighted the office's significance in serving investors and airline customers, attributing the expansion to Altavair's growing portfolio and backing from KKR. The Dublin team boasts extensive aircraft financing experience, crucial for Altavair's future success.

Rambus (NASDAQ: RMBS) has announced the acquisition of Hardent, Inc., a leading electronic design company, enhancing its engineering team and supporting the CXL Memory Interconnect Initiative. This move aims to accelerate the development of CXL processing solutions for modern data centers, driven by the growing demand for advanced workloads like AI and machine learning. The acquisition, expected to close in Q2 2022, will not materially impact Rambus' financial results but is anticipated to broaden its customer base in automotive and consumer electronics.

Rambus Inc. has appointed Steven Laub to its Board of Directors, enhancing its leadership in the semiconductor industry. Laub brings over 25 years of executive experience, including significant roles at Atmel Corporation and IPV Capital. His expertise is expected to support Rambus's strategic goals as it aims to advance data performance and security technologies. Chairman Chuck Kissner expressed optimism about Laub's contributions to scaling the business.

Rambus Inc. (NASDAQ:RMBS) reported strong Q1 2022 financial results, exceeding revenue guidance with total revenue of $99.0 million. The product revenue reached a record $48.0 million, driven by robust demand in the data center sector. The company's cash from operations stood at $42.6 million, and it successfully retired debt, strengthening its balance sheet. However, there was a significant net loss of $66.2 million, leading to a diluted net loss per share of $0.60. Second quarter guidance will be discussed in an upcoming call, with licensing billings projected between $61 - $67 million.

Rambus Inc. (NASDAQ: RMBS) will host a conference call on May 2, 2022, at 2:00 p.m. Pacific Time to discuss its first quarter fiscal year 2022 results. The call will be webcast, accessible via the company’s investor relations website. Following the call, a replay will be available for one week at specified domestic and international numbers. Rambus specializes in high-performance chips and silicon IP, enhancing data speed and security for data-intensive applications.

Rambus Inc. (NASDAQ: RMBS) will present at the GOMACTech 2022 conference, focusing on a new anti-tamper technique for circuits. On March 24 from 10:30 am to Noon ET, director Scott Best will unveil a poster on mitigating fault-injection attacks. Additionally, Rambus will showcase new security IP products like the Root of Trust RT-1660 and Inline Memory Encryption Engine, designed for critical government applications. The event takes place at the Hyatt Regency in Miami, FL from March 21-24, 2022.