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Rambus (Nasdaq: RMBS), an industry leader in chips and IP, announced participation in three upcoming investor conferences. Executives will present at the Baird Global Consumer, Technology & Services Conference on June 4, 2024, at 11:25 a.m. ET in New York City. This presentation will be available via live webcast and replay on the Rambus Investor Relations website.
On June 6, 2024, at 9:20 a.m. PT, Rambus will also present at the BofA Securities 2024 Global Technology Conference in San Francisco. This session will similarly have a live webcast and replay available. Lastly, Rambus will present at the Rosenblatt 4th Annual Technology Virtual Summit on June 12, 2024, at 12:00 p.m. ET, exclusively available to conference attendees, with a replay also accessible online.
Rambus Inc. (NASDAQ:RMBS) reported strong Q1 results, with GAAP revenue of $117.9 million, licensing billings of $63.2 million, product revenue of $50.4 million, and contract and other revenue of $20.0 million. The Company generated $39.1 million cash from operating activities. Luc Seraphin, CEO, highlighted the focus on data center and AI, introducing new products and ensuring long-term growth and shareholder value.
Rambus Inc. expands its chipset for advanced data center memory modules with new DDR5 server Power Management ICs, offering industry-leading performance and capacity for AI and other workloads. The new family of PMICs supports multiple generations of high-performance DDR5-based servers, providing a complete memory interface chipset for DDR5 server memory modules.