Rambus Inc Del Stock Price, News & Analysis

Rambus Inc. has announced that its RT-640 Embedded Hardware Security Module (HSM) has received ASIL-B certification under ISO 26262, a key requirement for automotive manufacturers. This certification ensures that vehicle electronic systems meet essential safety standards, particularly in Advanced Driver Assistance Systems (ADAS). The RT-640 HSM accelerates achieving functional safety, offering proven security IP and multiple design wins globally. Rambus maintains a leading position in security IP, with nearly 200 design wins in the last three years, covering applications from consumer IoT to defense electronics.

Flow, a provider of private market software solutions, has secured a $20 million Series A funding round led by SVB Financial Group. The funding will accelerate product development and enhance services for fund managers and their networks. Flow's platform manages over $5 billion in assets and has seen an ARR growth of more than 250% year-over-year. The private market has outperformed public markets in capital raises, highlighting the demand for Flow's innovative solutions that simplify fund management.

Rambus Inc. (NASDAQ:RMBS) reported strong Q4 2021 results, with revenue of $91.8 million, exceeding guidance.

Annual product revenue reached a record $143.9 million, up 26% year-over-year.

Operating cash flow for the full year was $209.2 million, with $72.2 million generated in Q4. The company reported a net income of $6.1 million for Q4 and $0.05 diluted earnings per share.

Looking forward, Rambus issued Q1 2022 revenue guidance of $43-$49 million for product revenue.

Impinj, Inc. (NASDAQ: PI) has announced leadership changes, appointing Steve Sanghi as Board Chair after Peter van Oppen's term ends. Van Oppen will not seek reelection after eight years of service. Meera Rao has been added to the board, bringing over 25 years of experience in the semiconductor industry. Rao expressed her enthusiasm for joining Impinj during a crucial growth phase. Board Member Theresa Wise will also not seek reelection, reducing the board size to seven members. CEO Chris Diorio praised the contributions of the outgoing members.

Rambus Inc. (NASDAQ: RMBS) has launched its new PCI Express 6.0 Controller, designed to enhance performance in AI/ML, storage, and networking applications by achieving data rates of 64 GT/s. The controller supports the full PCIe 6.0 feature set, optimized for power, area, and latency. It also boasts advanced security through its integrated IDE engine, safeguarding against physical attacks. Key features include backward compatibility with earlier PCIe versions, low-latency error correction, and scalable internal data paths.

Rambus Inc. (Nasdaq: RMBS) will host a conference call on February 7, 2022, at 2:00 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2021 results. The call will be accessible via Rambus' website, with a replay available for one week using the designated phone numbers. Rambus, with over 30 years of experience, is a leader in chip and silicon IP technology, focusing on making data faster and safer across various applications.

Rambus Inc. (NASDAQ: RMBS) announced that its security IP is integral to Kyocera's Evolution Series multifunction products (MFPs), achieving FIPS 140-2 certification. This collaboration allows Kyocera to ensure robust data protection for users while streamlining the CMVP certification process. The Rambus RT-130 Root of Trust and AES-IP-38 AES Accelerator enhance hardware security, making them a vital part of the MFPs' architecture. These advancements highlight Rambus's commitment to providing effective data security solutions.

Rambus Inc. (Nasdaq: RMBS) announced that Keith Jones, interim CFO, will present at the 24th Annual Needham Virtual Growth Conference on January 12, 2022, at 1:15 p.m. ET. The presentation will be available via webcast on the Rambus Investor Relations website. A replay will also be accessible after the event. Rambus specializes in chips and silicon IP to enhance data security and speed, with over 30 years of expertise in high-performance memory subsystems.

Rambus Inc. (NASDAQ: RMBS) announced that NextChip has selected its RT-640 Root of Trust and MACsec-IP-160 Protocol Engine for securing the next-gen Apache6 automotive processor. This chip, designed for advanced driver-assistance systems (ADAS), features a powerful combination of processors including CPU, GPU, ISP, and NPU. The RT-640 enhances security with ASIL-B compliance while MACsec-IP-160 encrypts data over in-vehicle networks at speeds of up to 100 Gbps. The partnership aims to raise data security standards in automotive technology.