Ankündigung • Jul 28
Rambus Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2026 Rambus Inc. provided earnings guidance for the third quarter ending September 30, 2026. For the quarter, the company expects revenue to be between $210 million and $216 million. Additionally, the Company expects GAAP diluted earnings per share to be between $0.59 and $0.67. Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: US$0.62 (vs US$0.54 in 2Q 2025) Second quarter 2026 results: EPS: US$0.62 (up from US$0.54 in 2Q 2025). Revenue: US$207.4m (up 20% from 2Q 2025). Net income: US$67.6m (up 17% from 2Q 2025). Profit margin: 33% (down from 34% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Ankündigung • Jul 09
Rambus Announces DDR5 9600 Server RDIMM Chipset Rambus Inc. announced its DDR5 9600 Server RDIMM chipset designed to deliver industry-leading memory performance for next-generation data center platforms. Built around the new Rambus 6th Generation Registering Clock Driver (RCD06) with a 20% increase in bandwidth over the prior generation, this complete chipset enables RDIMMs operating at up to 9600 MT/s, unlocking a new level of bandwidth and capacity required by agentic AI, high-performance computing (HPC) and other data-intensive workloads. The Rambus DDR5 9600 RDIMM chipset is a complete solution designed to support next-generation CPU-based server platforms. In addition to the RCD06, the chipset includes the PMIC5030 power management IC, which delivers efficient, high-current power at low voltage levels to support advanced DDR5 RDIMM configurations. The chipset also includes a Serial Presence Detect (SPD) Hub with an integrated temperature sensor, along with dedicated Temperature Sensor ICs, enabling critical module telemetry, configuration and thermal monitoring functions. By integrating clocking, control and power management into a cohesive solution, the chipset ensures robust signal and power integrity at high data rates, reducing design complexity for memory module manufacturers and improving overall system reliability. This level of integration is particularly critical as server architectures scale to support higher processor core counts, larger memory capacity and sustained demands of continuously operating AI workloads. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$106, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 41x in the Semiconductor industry in Europe. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$75.49 per share. Ankündigung • Jul 07
Rambus Inc. to Report Q2, 2026 Results on Jul 27, 2026 Rambus Inc. announced that they will report Q2, 2026 results on Jul 27, 2026 Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$140, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 39x in the Semiconductor industry in Europe. Total returns to shareholders of 127% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$65.15 per share. Recent Insider Transactions • Jun 07
Independent Director recently sold US$1.6m worth of stock On the 2nd of June, Emiko Higashi sold around 10k shares on-market at roughly US$161 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$5.8m. Insiders have been net sellers, collectively disposing of US$14m more than they bought in the last 12 months. Ankündigung • May 27
Rambus Announces Complete Ddr5 9600 Client Memory Module Chipset for Cudimm and Csodimm Modules Rambus Inc. announced its complete DDR5 9600 Client Memory Module Chipset for high-performance CUDIMM, CQDIMM and CSODIMM modules in future generation AI PCs. The chipset includes the new Gen2 Client Clock Driver (CKD02), delivering breakthrough performance with support for PC memory module operation of up to 9600 MT/s, Power Management IC (PMIC5120) and Serial Presence Detect Hub (SPD Hub). With the rise of agentic AI, PCs now plan, execute, and adapt workflows in real time. These workloads require persistent context, concurrent processing, and continuous data movement between the processor and system memory requiring significant increases in both bandwidth and capacity. At the same time, scaling DDR5 memory beyond 6400 MT/s introduces new technical challenges, including signal degradation, clock jitter, and timing instability. To address these challenges, the industry is transitioning to clocked memory modules, including CUDIMM and CQDIMM for desktops and CSODIMM for laptops, which incorporate an on-module client clock driver (CKD) to condition and redistribute the clock signal. The new Rambus DDR5 9600 Client Chipset provides a complete solution for clocked DDR5 modules operating from 8000 to 9600 MT/s. Designed for performance and scalability, the chipset supports next-generation AI PCs, notebooks, and workstations. By addressing signal integrity, power delivery, and system coordination at the module level, Rambus simplifies the design and deployment of high-performance memory module solutions. The Rambus DDR5 9600 Client Chipset supporting high-bandwidth, high-capacity, clocked client memory modules and includes: Gen2 Client Clock Driver retimes, conditions and distributes the clock sent from the processor to the DRAM devices on the DIMM; PMIC5120 efficiently steps down the system voltage supply to the voltage levels needed to power the DRAM and all other active chips on the module; SPD Hub enables communication of module identification, configuration, and telemetry. Recent Insider Transactions • May 27
EVP & COO recently sold US$5.8m worth of stock On the 26th of May, Xianzhi Fan sold around 38k shares on-market at roughly US$152 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Xianzhi's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$143, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 41x in the Semiconductor industry in Europe. Total returns to shareholders of 116% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.54 per share. New Risk • May 20
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$1.9m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Significant insider selling over the past 3 months (US$1.9m sold). Ankündigung • May 07
Rambus Inc Introduces PCIe 7.0 Switch Ip With Time Division Multiplexing Rambus Inc. announced the Rambus PCIe 7.0 Switch IP with Time Division Multiplexing, a new addition to its advanced interconnect IP portfolio designed to address the rapidly escalating bandwidth, latency, and scalability requirements of AI, cloud, and high-performance computing (HPC) systems. Rambus PCIe 7.0 Switch IP with Time Division Multiplexing enables efficient, scalable PCIe fabrics that optimize link utilization and reduce system complexity for scale up and scale out of distributed AI clusters and high-performance computing networks. Supports bandwidth scaling, low latency, and efficient data movement for AI, cloud, and HPC systems. Increases link utilization through intelligent traffic multiplexing, enabling simpler architectures and scalable disaggregated and pooled compute designs. Extends the Rambus PCIe IP portfolio which spans switches, controllers, retimers, and debug solutions to support next-generation AI infrastructure. As AI infrastructure grows in scale and architectural complexity, system designers are increasingly challenged to move massive volumes of data efficiently across CPUs, GPUs, accelerators, and NVMe storage. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing is architected to help meet these demands by enabling more flexible and efficient utilization of PCIe links, supporting emerging disaggregated and pooled compute architectures while maintaining low latency and deterministic performance. Built on the PCIe 7.0 specification, the Rambus newest switch IP is optimized for next-generation AI and data center SoCs that require extreme bandwidth density, advanced traffic management, and seamless scalability. By incorporating Time Division Multiplexing capabilities, the switch enables designers to intelligently schedule and multiplex traffic across shared links, helping maximize fabric utilization while supporting diverse workload profiles, from large-scale AI training to latency-sensitive inference and data movement. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing is designed to integrate seamlessly into ASIC platforms and complements Rambus’ PCIe 7.0 IP portfolio, which includes controllers, retimers, and debug solutions. These IP offerings help customers accelerate time-to-market while addressing the demanding performance, power, and reliability requirements of modern AI infrastructure. The Rambus PCIe 7.0 Switch IP with Time Division Multiplexing reinforces the company’s leadership in high-speed interface IP and its commitment to delivering differentiated interconnect technologies that help customers solve the most challenging problems in AI, cloud, and HPC Infrastructure. Ankündigung • Apr 29
Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2026 Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2026. For the quarter, the company expected royalty revenue to be between $72 million and $78 million, product revenue to be between $95 million and $101 million, and contract and other revenue to be between $19 million and $25 million. Reported Earnings • Apr 28
First quarter 2026 earnings released: EPS: US$0.55 (vs US$0.56 in 1Q 2025) First quarter 2026 results: EPS: US$0.55 (down from US$0.56 in 1Q 2025). Revenue: US$180.2m (up 8.1% from 1Q 2025). Net income: US$59.9m (flat on 1Q 2025). Profit margin: 33% (down from 36% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$153, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 35x in the Semiconductor industry in Europe. Total returns to shareholders of 245% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$75.79 per share. Ankündigung • Apr 23
Rambus Inc. Enables Power-Efficient AI Platforms with SOCAMM2 Server Module Chipset Rambus Inc. announced a SOCAMM2 (Small Outline Compression Attached Memory Module) chipset designed to enable low-power, high-performance LPDDR5X-based memory modules for AI server platforms. The SOCAMM2 chipset represents the first step in a broader Rambus roadmap of LPDDR-based server module solutions, reflecting the company’s ongoing collaboration with industry partners to support new memory architectures optimized for evolving workloads in AI data center infrastructure. This new product family extends the comprehensive Rambus offering of complete memory interface chipsets for all JEDEC-standard DDR5 and LPDDR5 memory modules. SOCAMM2 memory modules, based on LPDDR technology, are emerging as an innovative architectural approach to address these challenges by delivering high performance with lower power consumption in a modular, serviceable, board area efficient form factor. The Rambus SOCAMM2 chipset is designed to support this transition by providing the critical control, telemetry, and power delivery functions required by JEDEC-standard SOCAMM2 memory modules in demanding AI server environments. SOCAMM2 replaces soldered LPDDR memory with detachable, upgradable modules that combine LPDDR efficiency with server-class serviceability in the data center. The Rambus LPDDR5X SOCAMM2 chipset supports reliable, power-efficient operation of LPDDR-based server memory modules at up to 9.6 Gb/s and includes: SPD Hub for module identification, configuration, and telemetry; 12-amp (A) and 3A voltage regulators for localized, efficient power conversion. Ankündigung • Apr 07
Rambus Inc. to Report Q1, 2026 Results on Apr 27, 2026 Rambus Inc. announced that they will report Q1, 2026 results on Apr 27, 2026 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$92.88, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 24x in the Semiconductor industry in Europe. Total returns to shareholders of 90% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$67.59 per share. Buy Or Sell Opportunity • Apr 01
Now 26% overvalued Over the last 90 days, the stock has fallen 7.1% to US$86.24. The fair value is estimated to be US$68.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Ankündigung • Mar 09
Rambus Inc., Annual General Meeting, Apr 23, 2026 Rambus Inc., Annual General Meeting, Apr 23, 2026. Ankündigung • Mar 05
Rambus Inc. Sets New Benchmark For AI Memory Performance With HBM4E Controller IP Rambus Inc. announced the industry’s leading HBM4E Memory Controller IP, extending its market leadership in HBM IP. This new solution delivers breakthrough performance with advanced reliability features enabling designers to address the demanding memory bandwidth requirements of next-generation AI accelerators and graphics processing units (GPUs). The Rambus HBM4E Controller enables a new generation of HBM memory deployments for cutting-edge AI accelerators, graphics and HPC applications. The HBM4E Controller is capable of supporting operation up to 16 Gigabits per second (Gbps) per pin providing an unprecedented throughput of 4.1 Terabytes per second (TB/s) to each memory device. For an AI accelerator with eight attached HBM4E devices, this translates to over 32 TB/s of memory bandwidth for next-generation AI workloads. The Rambus HBM4E Controller IP can be paired with third-party standard or TSV PHY solutions to instantiate a complete HBM4E memory subsystem in a 2.5D or 3D package as part of an AI SoC or custom base die solution. The Rambus HBM4E Controller IP is the latest addition to the Rambus leading-edge portfolio of digital controller solutions. The HBM4E Controller is available for licensing, and early access design customers can engage. Ankündigung • Feb 13
Rambus Inc. Appoints Victor Peng to Board of Directors, Effective February 12, 2026 Rambus Inc. announced the appointment of Victor Peng, Age 65, to its Board of Directors, effective February 12, 2026. Victor Peng is an accomplished executive with more than 40 years of leadership experience at top semiconductor companies. Most recently, Mr. Peng served as president of Advanced Micro Devices (AMD), leading AMD’s embedded and data center GPU businesses, AI software, and the research and advanced development group. Prior to AMD, Mr. Peng served 14 years at Xilinx, holding senior level positions including president and chief executive officer, board member, chief operating officer, executive vice president, and general manager of products. Mr. Peng currently serves on the Boards of KLA Corporation and Microchip Technology Inc. Mr. Peng holds a Master of Engineering in electrical engineering from Cornell University, and a Bachelor of Science in electrical engineering from Rensselaer Polytechnic Institute. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$107, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Semiconductor industry in Europe. Total returns to shareholders of 135% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$73.40 per share. New Risk • Feb 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Significant insider selling over the past 3 months (US$959k sold). Reported Earnings • Feb 03
Full year 2025 earnings released: EPS: US$2.14 (vs US$1.67 in FY 2024) Full year 2025 results: EPS: US$2.14 (up from US$1.67 in FY 2024). Revenue: US$707.6m (up 27% from FY 2024). Net income: US$230.5m (up 28% from FY 2024). Profit margin: 33% (in line with FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 03
Rambus Inc. Provides Earnings Guidance for the First Quarter of 2026 Rambus Inc. provided earnings guidance for the first quarter of 2026. For the first quarter of 2026, the Company expects licensing billings to be between $66 million and $72 million. The Company also expects royalty revenue to be between $61 million and $67 million, product revenue to be between $84 million and $90 million, and contract and other revenue to be between $21 million and $27 million. Revenue is not without risk and achieving revenue in this range will require that the Company sign customer agreements for various product sales and solutions licensing, among other matters. Buy Or Sell Opportunity • Jan 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to US$113. The fair value is estimated to be US$93.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$105, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Semiconductor industry in Europe. Total returns to shareholders of 158% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$92.46 per share. Ankündigung • Jan 13
Rambus Inc. to Report Q4, 2025 Results on Feb 02, 2026 Rambus Inc. announced that they will report Q4, 2025 results on Feb 02, 2026 Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$94.58, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 23x in the Semiconductor industry in Europe. Total returns to shareholders of 153% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$88.49 per share. Recent Insider Transactions • Nov 14
Independent Director recently sold US$959k worth of stock On the 10th of November, Eric Stang sold around 9k shares on-market at roughly US$107 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$7.4m more than they bought in the last 12 months. Buy Or Sell Opportunity • Nov 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 49% to US$106. The fair value is estimated to be US$87.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Reported Earnings • Oct 29
Third quarter 2025 earnings released: EPS: US$0.45 (vs US$0.45 in 3Q 2024) Third quarter 2025 results: EPS: US$0.45 (down from US$0.45 in 3Q 2024). Revenue: US$178.5m (up 23% from 3Q 2024). Net income: US$48.4m (flat on 3Q 2024). Profit margin: 27% (down from 33% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Oct 28
Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Rambus Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects revenue to be between $184 million and $190 million. The Company expects licensing billings to be between $60 million and $66 million. The Company also expects royalty revenue to be between $59 million and $65 million, product revenue to be between $94 million and $100 million, and contract and other revenue to be between $25 million and $31 million. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$113, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 19x in the Semiconductor industry in Europe. Total returns to shareholders of 247% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$71.90 per share. Ankündigung • Oct 07
Rambus Inc. to Report Q3, 2025 Results on Oct 27, 2025 Rambus Inc. announced that they will report Q3, 2025 results on Oct 27, 2025 Recent Insider Transactions • Sep 14
Independent Director recently sold US$642k worth of stock On the 11th of September, Necip Sayiner sold around 8k shares on-market at roughly US$85.63 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$6.4m more than they bought in the last 12 months. Buy Or Sell Opportunity • Sep 11
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to US$89.05. The fair value is estimated to be US$69.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 32% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. New Risk • Aug 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Significant insider selling over the past 3 months (US$777k sold). Recent Insider Transactions • Aug 13
Independent Director recently sold US$551k worth of stock On the 8th of August, Necip Sayiner sold around 8k shares on-market at roughly US$73.53 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$5.5m more than they bought in the last 12 months. Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: US$0.54 (vs US$0.34 in 2Q 2024) Second quarter 2025 results: EPS: US$0.54 (up from US$0.34 in 2Q 2024). Revenue: US$172.2m (up 30% from 2Q 2024). Net income: US$57.9m (up 61% from 2Q 2024). Profit margin: 34% (up from 27% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 29
Rambus Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2025 Rambus Inc. provided earnings guidance for the third quarter ending September 30, 2025. For the quarter, the company expects Product revenue (GAAP) of $87 million - $93 million. Contract and other revenue (GAAP) of $22 million - $28 million. Ankündigung • Jul 08
Rambus Inc. to Report Q2, 2025 Results on Jul 28, 2025 Rambus Inc. announced that they will report Q2, 2025 results on Jul 28, 2025 Ankündigung • May 14
Rambus Delivers Industry-Leading Client Chipsets for Next-Generation AI PC Memory Modules Rambus Inc. announced the availability of complete client chipsets for next-generation AI PC memory modules, featuring two new Power Management ICs (PMICs) for client computing. PMICs are critical to efficiently power memory modules providing breakthrough levels of performance for advanced computing applications. The two new Rambus PMICs are the PMIC5200, for LPDDR5 CAMM2 (LPCAMM2) memory modules and the PMIC5120, which supports DDR5 CSODIMMs and CUDIMMs. These PMICs, alongside the Client Clock Driver (CKD) and Serial Presence Detect Hub (SPD Hub), comprise a complete chipset offering to enable memory modules for AI PC notebooks, desktops and workstations. Further, with the addition of these new PMICs, Rambus now offers complete memory interface chipsets for all JEDEC standard DDR5 and LPDDR5 memory modules for both servers and clients. Buy Or Sell Opportunity • May 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to US$51.22. The fair value is estimated to be US$64.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 33% in 2 years. Earnings are forecast to grow by 35% in the next 2 years. Reported Earnings • Apr 29
First quarter 2025 earnings released: EPS: US$0.56 (vs US$0.30 in 1Q 2024) First quarter 2025 results: EPS: US$0.56 (up from US$0.30 in 1Q 2024). Revenue: US$166.7m (up 41% from 1Q 2024). Net income: US$60.3m (up 83% from 1Q 2024). Profit margin: 36% (up from 28% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 29
Rambus Inc. Provides Earnings Guidance for the Second Quarter of 2025 Rambus Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company expects GAAP product revenue to be between $77 million to $83 million and contract and other revenue to be between $17 million to $23 million. Ankündigung • Apr 08
Rambus Inc. to Report Q1, 2025 Results on Apr 28, 2025 Rambus Inc. announced that they will report Q1, 2025 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$46.26, the stock trades at a forward P/E ratio of 21x. Average trailing P/E is 15x in the Semiconductor industry in Europe. Total returns to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$66.48 per share. Buy Or Sell Opportunity • Mar 28
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at US$53.73. The fair value is estimated to be US$68.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 76%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (32% net profit margin). Significant insider selling over the past 3 months (US$3.9m sold). Ankündigung • Mar 11
Rambus Inc. Enhances Data Center and AI Protection with Next-Gen CryptoManager Security IP Solutions Rambus Inc. announced the introduction of its next-generation CryptoManager Security IP solutions including Root of Trust, Hub and Core families. The CryptoManager Security IP offerings deliver progressively higher levels of functional integration and security, enabling customers to choose the level of security features and capabilities best suited to their unique requirements. The CryptoManager Root of Trust delivers a fully-turnkey solution and offers the industry's first Quantum Safe boot flow. The CryptoManager Hub provides the ideal combination of proven cryptographic building blocks for customers designing their own root of trust or secure processor. With support for a broad set of security functionality and certifications, Rambus CryptoManager Security IP solutions help customers accelerate the time to market of chips for the data center, AI and other advanced applications. CryptoManager Security IP solutions include: CryptoManager Root of Trust products offer fully programmable security processor functionality including multithreading and multi-host capabilities. A complete turnkey solution, the CryptoManager Root of Trust family represents the highest level of security integration with advanced anti-tamper and Quantum Safe protection for boot and HW acceleration. CryptoManager Hub products are the ultimate solution for customers looking to build their own Root of Trust or security processor, ensuring unparalleled protection and performance. CryptoManager Hub products feature a suite of symmetric, asymmetric, and Quantum Safe cryptographic accelerators along with certified true random number generators designed to meet the highest security standards for a broad set of applications. CryptoManager Core products are a suite of symmetric cryptographic accelerators designed to provide unmatched flexibility for customers building their own Root of Trust solutions. Buy Or Sell Opportunity • Feb 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to US$56.84. The fair value is estimated to be US$71.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 76%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 18% per annum over the same time period. Ankündigung • Feb 25
Rambus Inc., Annual General Meeting, Apr 25, 2025 Rambus Inc., Annual General Meeting, Apr 25, 2025. Recent Insider Transactions • Feb 20
Senior VP & COO recently sold US$3.6m worth of stock On the 19th of February, Xianzhi Fan sold around 52k shares on-market at roughly US$68.02 per share. This transaction amounted to 36% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Xianzhi's only on-market trade for the last 12 months. Reported Earnings • Feb 04
Full year 2024 earnings released: EPS: US$1.67 (vs US$3.09 in FY 2023) Full year 2024 results: EPS: US$1.67 (down from US$3.09 in FY 2023). Revenue: US$556.6m (up 21% from FY 2023). Net income: US$179.8m (down 46% from FY 2023). Profit margin: 32% (down from 72% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 25% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 15
Rambus Inc. to Report Q4, 2024 Results on Feb 03, 2025 Rambus Inc. announced that they will report Q4, 2024 results on Feb 03, 2025 Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$56.47, the stock trades at a forward P/E ratio of 30x. Average trailing P/E is 15x in the Semiconductor industry in Europe. Total returns to shareholders of 134% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$55.52 per share. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$0.45 (vs US$0.95 in 3Q 2023) Third quarter 2024 results: EPS: US$0.45 (down from US$0.95 in 3Q 2023). Revenue: US$145.5m (up 38% from 3Q 2023). Net income: US$48.7m (down 53% from 3Q 2023). Profit margin: 33% (down from 98% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 30% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Ankündigung • Oct 29
Rambus Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Rambus Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects GAAP product revenue to be between $72 million to $78 million and contract and other revenue to be between $22 million to $28 million. The Company also expects royalty revenue to be between $54 million and $60 million. Ankündigung • Oct 15
Rambus Inc. Unveils Complete Chipsets for Next-Generation DDR5 RDIMMs and RDIMMs to Deliver Breakthrough Performance for Data Center and AI Rambus Inc. unveiled industry-first, complete memory interface chipsets for Gen5 DDR5 RDIMMs and next-generation DDR5 Multiplexed Rank Dual Inline Memory Modules (MRDIMMs). These innovative new products for RDIMMs and MRDIMMs will seamlessly extend DDR5 performance with unparalleled bandwidth and memory capacity for compute-intensive data center and AI workloads. The new Rambus chips include: The Gen5 Registering Clock Driver (RCD), enabling RDIMMs operating at 8000 megatransfers per second (MT/s). The Multiplexed Registering Clock Driver (MRCD) and Multiplexed Data Buffer (MDB), enabling upcoming MRDIMMs running at speeds up to 12,800 MT/s by doubling the bandwidth of the DIMM beyond the native DRAM device speed. The second-generation server Power Management IC (PMIC5030) designed for both DDR5 RDIMM 8000 and MRDIMM 12800, providing ultra-high current at low voltage to support higher speeds and more DRAM and logic chips per module. Enabling flexible and scalable end-user server configuration, the DDR5 RDIMM 8 and industry-standard MRDIMM 12800 utilize a common architecture with compatibility across server platforms. The DDR5 RDIMM 8000 chipset includes the Gen5 RCD, PMIC5030, Serial Presence Detect (SPD) Hub and Temperature Sensor (TS) chips. The DDR5 MRDIMM 12800 chipset includes the MRCD and MDB, as well as the same PMIC5030, SPD Hub and TS chips utilized in the RDIMM 8800. The DDR5 MRDIMM 12800 employs a novel and efficient module design that boosts data transfer rates and system performance by multiplexing two ranks of DRAM, effectively interleaving the two data streams. This allows the host memory bus to run at twice the data rate of the native DRAM devices, thus increasing bandwidth while using the same physical connections of DDR5 RDIMM 12800. This requires an MRCD that can address the two ranks of DRAMs on alternative clock cycles, as well as MDBs to direct the data stream to and from the correct DRAM devices. Each DDR5 RDIMM 12 800 requires one MRCD and ten MDB chips to multiplex the memory channel. The MRCD and MDB will also support a Tall MRDIMM form factor with four ranks of DDR5 DRAMs for double the capacity of a dual- rank RDIMM in a cost-effective manner. The Gen5 RCD, MRCD, MRCD, MDB and PMIC5030 are part of the growing Rambus portfolio of memory interface and power management solutions including Gen1 to Gen4 RCD, Client Clock Driver (CKD), Server PMIC, SPD Hub, and TS chips. Ankündigung • Oct 09
Rambus Inc. to Report Q3, 2024 Results on Oct 28, 2024 Rambus Inc. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$37.70, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Semiconductor industry in the United Kingdom. Total returns to shareholders of 59% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$46.51 per share. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$42.41, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 7x in the Semiconductor industry in the United Kingdom. Total returns to shareholders of 76% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$47.87 per share. Ankündigung • Jul 31
Rambus Inc. Provides Earnings Guidance for the Third Quarter of 2024 Rambus Inc. provided earnings guidance for the third quarter of 2024 . For the quarter, the company expects GAAP product revenue to be between $62 million to $68 million and contract and other revenue to be between $17 million to $23 million. The Company also expects royalty revenue to be between $59 million and $65 million. New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$643k sold). Reported Earnings • Jul 30
Second quarter 2024 earnings released: EPS: US$0.34 (vs US$1.55 in 2Q 2023) Second quarter 2024 results: EPS: US$0.34 (down from US$1.55 in 2Q 2023). Revenue: US$132.1m (up 10% from 2Q 2023). Net income: US$36.1m (down 79% from 2Q 2023). Profit margin: 27% (down from 141% in 2Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Ankündigung • Jul 09
Rambus Inc. to Report Q2, 2024 Results on Jul 29, 2024 Rambus Inc. announced that they will report Q2, 2024 results on Jul 29, 2024 Recent Insider Transactions • May 09
Independent Director recently sold US$643k worth of stock On the 8th of May, Eric Stang sold around 11k shares on-market at roughly US$56.37 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.2m more than they bought in the last 12 months. Ankündigung • Apr 30
Rambus Inc. Provides Earnings Guidance for the Second Quarter Ending June 30, 2024 Rambus Inc. provided earnings guidance for the second quarter ending June 30, 2024. For the quarter, the company expects GAAP product revenue to be between $52 million to $58 million and contract and other revenue to be between $17 million to $23 million. The Company also expects royalty revenue to be between $55 million and $61 million. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.03 in 1Q 2023) First quarter 2024 results: EPS: US$0.30 (up from US$0.03 in 1Q 2023). Revenue: US$117.9m (up 3.6% from 1Q 2023). Net income: US$32.9m (up US$29.6m from 1Q 2023). Profit margin: 28% (up from 2.9% in 1Q 2023). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 30
Rambus Expands Chipset for Advanced Data Center Memory Modules with Ddr5 Server PMICs Rambus Inc. announced the availability of its new family of DDR5 server Power Management ICs (PMICs), including an extreme current device for high-performance applications. With this new family of server PMICs, Rambus offers module manufacturers a complete DDR5 RDIMM memory interface chipset supporting a broad range of data center use cases. The PMIC is a critical component in the DDR5 memory architecture, enabling more memory channels, higher capacity modules and greater bandwidth. The Rambus DDR5 server PMIC family includes products for the JEDEC extreme current (PMIC5020), high current (PMIC5000) and low current (PMIC5010) specifications. The Rambus PMIC5020 will enable future generations of DDR5 RDIMM delivering new benchmarks for performance and capacity. This new family of Rambus server PMICs, together with Rambus DDR5 RCD, SPD Hub and Temperature Sensor ICs, comprise a complete memory interface chipset for a broad range of DDR5 RDIMM configurations and use cases. Ankündigung • Apr 09
Rambus Inc. to Report Q1, 2024 Results on Apr 29, 2024 Rambus Inc. announced that they will report Q1, 2024 results on Apr 29, 2024 Ankündigung • Mar 09
Rambus Inc., Annual General Meeting, Apr 25, 2024 Rambus Inc., Annual General Meeting, Apr 25, 2024, at 09:00 Pacific Standard Time. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$65.36, the stock trades at a forward P/E ratio of 37x. Average trailing P/E is 23x in the Semiconductor industry in Europe. Total returns to shareholders of 237% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$47.40 per share. New Risk • Feb 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 13% per year for the foreseeable future. High level of non-cash earnings (30% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.3% average weekly change). Buy Or Sell Opportunity • Feb 23
Now 22% overvalued Over the last 90 days, the stock has fallen 14% to US$58.49. The fair value is estimated to be US$47.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 21% per annum. Earnings are forecast to decline by 13% per annum over the same time period. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$58.43, the stock trades at a forward P/E ratio of 34x. Average trailing P/E is 21x in the Semiconductor industry in Europe. Total returns to shareholders of 176% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$46.99 per share. Buy Or Sell Opportunity • Feb 09
Now 24% overvalued Over the last 90 days, the stock has fallen 6.7% to US$58.72. The fair value is estimated to be US$47.30, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 22% per annum. Earnings are forecast to decline by 13% per annum over the same time period. New Risk • Feb 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$1.2m sold). Reported Earnings • Feb 06
Full year 2023 earnings released: EPS: US$3.09 (vs US$0.13 loss in FY 2022) Full year 2023 results: EPS: US$3.09 (up from US$0.13 loss in FY 2022). Revenue: US$461.1m (up 1.4% from FY 2022). Net income: US$333.9m (up US$348.2m from FY 2022). Profit margin: 72% (up from net loss in FY 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Semiconductor industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 16
Rambus Inc. to Report Q4, 2023 Results on Feb 05, 2024 Rambus Inc. announced that they will report Q4, 2023 results on Feb 05, 2024 Ankündigung • Dec 28
Rambus Advances Data Center Server Performance with Industry-First Gen4 DDR5 RCD Rambus Inc. announced the availability of its Gen4 DDR5 Registering Clock Driver (RCD) which began sampling to the major DDR5 memory module (RDIMM) manufacturers in the fourth quarter of 2023. The Rambus Gen4 RCD boosts the data rate to 7200 MT/s, setting a new benchmark for performance and enabling a 50% increase in memory bandwidth over today’s 4800 MT/s DDR5 module solutions. It supports the rapid pace of server main memory performance improvements to meet the demands of generative AI and other advanced data center workloads. Rambus DDR5 memory interface chips including the RCD, Serial Presence Detect (SPD) Hub and Temperature Sensors are important in achieving a new level of performance for servers. With over 30 years of high-performance memory experience, Rambus is renowned for its signal integrity (SI) /power integrity (PI) expertise. This expertise helps enable DDR5 memory interface chips delivering superior performance and reliability for data center server RDIMMs. The Rambus 7200 MT/s DDR5 RCD is available December 27, 2023. Recent Insider Transactions • Nov 11
Independent Director recently sold US$480k worth of stock On the 8th of November, Emiko Higashi sold around 8k shares on-market at roughly US$60.00 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$952k. Insiders have been net sellers, collectively disposing of US$6.7m more than they bought in the last 12 months. New Risk • Nov 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 14% per year for the foreseeable future. High level of non-cash earnings (24% accrual ratio). Minor Risk Significant insider selling over the past 3 months (US$1.4m sold). Reported Earnings • Oct 31
Third quarter 2023 earnings released: EPS: US$0.95 (vs US$0.009 in 3Q 2022) Third quarter 2023 results: EPS: US$0.95 (up from US$0.009 in 3Q 2022). Revenue: US$105.3m (down 6.2% from 3Q 2022). Net income: US$103.2m (up US$102.3m from 3Q 2022). Profit margin: 98% (up from 0.8% in 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Semiconductor industry in the United Kingdom. New Risk • Oct 31
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.5% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$1.4m sold). Ankündigung • Oct 12
Rambus Inc. to Report Q3, 2023 Results on Oct 30, 2023 Rambus Inc. announced that they will report Q3, 2023 results on Oct 30, 2023 
