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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. (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.
Rambus Inc. (NASDAQ:RMBS) reported a strong third-quarter performance for 2021, achieving GAAP revenue of $81.3 million, up from $56.9 million in the previous year. Key highlights include licensing billings of $66.1 million and product revenue of $36.7 million, with a diluted net income per share of $0.03 compared to a loss of $0.11 in 2020. The company generated $46.0 million in cash from operating activities despite a decrease in cash and equivalents due to acquisitions. The fourth-quarter outlook indicates stable revenue expectations, reflecting ongoing growth initiatives.
Rambus Inc. (NASDAQ: RMBS) announced the resignation of Rahul Mathur, CFO, effective November 15, 2021, to pursue opportunities outside the semiconductor field. Keith Jones, the current VP and corporate controller, will serve as interim CFO. CEO Luc Seraphin commended Mathur for his contributions during the company's transformation and expressed confidence in Jones' leadership for a smooth transition. Rambus also reaffirmed its guidance for Q3 fiscal year 2021 and plans to discuss results in a conference call on November 1, 2021.
Rambus Inc. (Nasdaq: RMBS), a leader in chip and silicon IP solutions, will host a conference call on November 1, 2021, at 2:00 p.m. Pacific Time to discuss its third-quarter fiscal results. The call will be accessible via webcast on the company's investor relations website. A replay will be available for one week, allowing shareholders and stakeholders to review the financial performance and outlook.
Rambus specializes in high-performance memory subsystems, enhancing data throughput and security for various applications.
Rambus Inc. (NASDAQ: RMBS) announced the sampling of its 5600 MT/s 2nd-generation RCD chip, achieving a 17% data rate increase from its 4800 MT/s predecessor. This advancement, aimed at DDR5 memory modules, enhances performance while reducing latency and power consumption. The innovation is designed to meet the growing demand for memory bandwidth in data centers, providing doubled data rates and quadrupled capacity compared to DDR4. Rambus continues to demonstrate leadership in DDR5 interface technologies.
Rambus Inc. (NASDAQ: RMBS) has launched its CXL 2.0 and PCIe 5.0 controllers, featuring integrated Integrity and Data Encryption (IDE) modules. This development addresses the bandwidth bottleneck in data centers by providing security at ultra-low latency, essential for high-performance applications including AI and Machine Learning. The new controllers offer zero-latency security, employing 256-bit AES-GCM encryption for traffic integrity. With built-in IDE, the modules enhance protection against physical attacks, improving speed and security in implementation.
Lucina Analytics has partnered with Summit Reinsurance Services to enhance maternity care through advanced analytics. This collaboration aims to identify high-risk pregnancies early among Summit Re's managed care clients, addressing urgent issues like maternal mortality and preterm births, which are notably high in the U.S. As part of this initiative, Lucina will assist health plans in risk stratifying mothers, aiming for better health outcomes. The partnership underscores a commitment to delivering optimized care to mothers and infants nationwide.
Rambus Inc. (NASDAQ: RMBS) has announced the successful demonstration of its PCI Express® (PCIe) 5.0 digital controller IP operating at 32 GT/s on leading FPGA platforms, marking an industry first. This innovation enhances the performance and expands the application of FPGAs in critical sectors such as defense and networking. Supported features include compatibility with PCIe 4.0, dual-mode configurations, and advanced functionalities. With this achievement, Rambus aims to establish itself as a leader in high-performance data solutions, leveraging advancements from the recently acquired PLDA team.
Rambus Inc. (RMBS) has successfully completed the acquisition of PLDA, enhancing its digital controller offerings with advancements in CXL 2.0, PCIe 5.0, and PCIe 6.0 technologies. This acquisition is pivotal for Rambus' CXL Memory Interconnect Initiative and is expected to accelerate its product roadmap while expanding market opportunities. CEO Luc Seraphin highlighted that this enables high-speed connections crucial for demanding AI and HPC workloads. Although the acquisition won't materially affect 2021 financials, it is projected to be accretive in 2022.
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