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Rambus Inc (NASDAQ: RMBS) is a leading semiconductor solutions provider known for developing cutting-edge memory and interface technologies. The company specializes in high-speed, high-security computer chips and Silicon Intellectual Property (IP) that cater to a broad range of industries. Rambus' key product offerings include memory interface chips, designed for exceptional speed and efficiency; silicon IP, which ensures high-speed memory and robust chip-to-chip connectivity; and architecture licenses, allowing customers to integrate Rambus' patented innovations into their own digital electronic products.
Rambus delivers a suite of customizable IP cores, architecture licenses, tools, services, training, and innovative solutions that empower customers to enhance their competitive edge in the market. The company serves a global clientele with significant revenue contributions from the United States, Taiwan, Asia, Japan, and Singapore.
Recently, Rambus has achieved several milestones, including the development of advanced security solutions and smart sensor technologies, catering to the increasing demands for secure and intelligent electronic components. The company's ongoing projects include collaborations with industry leaders to integrate their high-performance chips and silicon IP into next-generation digital devices.
Financially, Rambus continues to show strong performance, with steady revenue growth and a robust pipeline of projects and partnerships. The company’s strategic focus on innovation and customer-centric solutions has solidified its position as a key player in the semiconductor industry.
Stay updated with the latest news and developments from Rambus Inc., a company at the forefront of semiconductor technology.
Rambus Inc. reported Q1 2021 financial results with GAAP revenue reaching $70.4 million, surpassing expectations. Licensing billings were $63.5 million, while product and contract revenues stood at $30.8 million and $10.7 million, respectively. The company generated $39.5 million in cash from operations, improving its cash position to $529.1 million. Despite a net loss of $2.6 million or $0.02 per share, Rambus highlighted strong demand in target markets, indicating confidence in future growth.
Rambus and Lattice Semiconductor announced a partnership on April 26, 2021, aimed at developing next-generation security solutions. This collaboration will integrate Rambus's secure hardware IP into Lattice's FPGAs, enhancing security across various sectors including communications, automotive, and consumer applications. The partnership responds to increasing cyberattacks, with both companies emphasizing the need for robust security technologies to protect devices and data from evolving threats.
Rambus Inc. (NASDAQ: RMBS) has introduced its HBM2E memory interface subsystem, engineered for high-performance applications, including AI and HPC. This subsystem is validated on Samsung's advanced 14/11nm process, achieving speeds of 3.2 Gbps and delivering a remarkable 410 GB/s bandwidth. Joint efforts with Samsung enhance memory interface design and allow faster time to market for designers. The fully-integrated solution includes reference designs and expert support, aimed at reducing complexity and ensuring success in system implementations.
Rambus Inc. (NASDAQ: RMBS) has signed a commercial licensing agreement with the U.S. Defense Advanced Research Projects Agency (DARPA) to enhance technology innovation. This agreement allows DARPA researchers access to Rambus's renowned security and high-speed chip interface IP products. The partnership is part of DARPA's Toolbox initiative, aimed at providing streamlined access to commercial technology for researchers. This collaboration offers opportunities for Rambus to leverage DARPA's research to explore new revenue streams while supporting various applications, including AI and 5G networking.
Rambus Inc. (Nasdaq: RMBS) announced a conference call scheduled for May 3, 2021, at 2:00 p.m. PT to discuss its first quarter fiscal year 2021 results. The call will be available via webcast on the Rambus website, with a replay option accessible for one week. Rambus specializes in advanced semiconductor technology, creating chips and silicon IP that enhance data speed and security.
Rambus Inc. (NASDAQ: RMBS) announced the appointment of James Mitarotonda to its Board of Directors as a Class I director, with a term ending at the 2022 annual meeting. Mitarotonda, currently the CEO of Barington Capital Group, has notable financial expertise and board experience. His addition is expected to enhance Rambus’ strategy, particularly in capitalizing on growth in data centers and cloud computing. The company also disclosed a voting agreement with Barington, ensuring support for director nominees at the upcoming meeting.
Mixel, Rambus (NASDAQ: RMBS), and Hardent have announced a cutting-edge MIPI DSI-2 display subsystem solution aimed at enhancing mobile, AR/VR, and automotive displays. This collaboration offers integrated IP solutions that boost bandwidth and efficiency, featuring support for up to 60 Gbps without compression and leveraging VESA Display Stream Compression for enhanced performance. The solution is available immediately and is designed to minimize project risk while accelerating time to market. Key benefits include optimized ASIC design performance and maximum functionality across MIPI DSI-2 modes.
Rambus Inc. (NASDAQ:RMBS) reported Q4 2020 GAAP revenue of $61.9 million, with strong licensing billings at $64.2 million. The company generated $42.1 million in cash from operations, boosting its total for 2020 to $185.5 million, a 44% increase year-over-year. Despite a net loss of $12.1 million, the Memory Interface Chip segment saw a 56% revenue growth. Rambus expects continued growth, targeting Q1 2021 licensing billings between $60 - $66 million.
Rambus Inc. (Nasdaq: RMBS) announced a conference call scheduled for February 1, 2021, at 2:00 p.m. PT to discuss its fourth quarter and fiscal year 2020 results. The call will be webcast on the Rambus Investor Relations website, with a replay available for one week at designated numbers. As a leading provider of silicon IP, Rambus focuses on enhancing data security and speed across various applications including data center and artificial intelligence. More details can be found on their official website.
Rambus Inc. (Nasdaq: RMBS) announced that Rahul Mathur, the chief financial officer, will present at the 23rd Annual Needham Virtual Growth Conference on January 12, 2021, at 3:30 p.m. ET. This presentation will be accessible through a webcast on the Rambus Investor Relations website, where a replay will also be available post-event. Rambus specializes in making data faster and safer, leveraging 30 years of innovation.
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