Recent Press Releases

Rambus Initiates Accelerated Share Repurchase Program

SAN JOSE, Calif. – Sep. 12, 2022 – Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced that it initiated an accelerated share repurchase program with Wells Fargo Bank, National Association (“Wells Fargo Bank”), to repurchase an aggregate of approximately $100 million of its common stock, with an initial delivery of approximately 3.1 million shares. “As part of our strategic approach to capital allocation, this program demonstrates our confidence in the future growth of

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Rambus Appoints Desmond Lynch as Chief Financial Officer

Brings over 20 years of finance and semiconductor experience SAN JOSE, Calif. – August 1, 2022 – Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced it has appointed Mr. Desmond Lynch to the position of senior vice president and chief financial officer. Mr. Lynch will be responsible for the overall financial direction of the company and will report to president and chief executive officer Luc Seraphin. “Des is a proven finance executive with

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Rambus Reports Second Quarter 2022 Financial Results

Delivered Q2 revenue and earnings at the high end of guidance Achieved record quarterly product revenue driven by memory interface chips Expanded DDR5 portfolio with introduction of companion chips for server and client memory modules Generated $56.5 million in cash from operations SAN JOSE, Calif. – August 1, 2022– Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the second quarter ended June 30, 2022. GAAP revenue for the second

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Rambus Expands Portfolio of DDR5 Memory Interface Chips for Data Centers and PCs

Highlights: Introduces SPD Hub and Temperature Sensor as part of server and client DDR5 memory module chipsets Complements industry-leading DDR5 RCD delivering state-of-the-art bandwidth and capacity Enables enhanced system management and thermal control for improved TCO SAN JOSE, Calif. – July 18, 2022 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced the expansion of its DDR5 memory interface chip portfolio with the addition of the Rambus SPD (Serial Presence Detect) Hub and Temperature

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Rambus Completes Acquisition of Hardent

Strengthens CXL Memory Interconnect Initiative and accelerates roadmap of data center solutions SAN JOSE, Calif. – May 24, 2022 – Rambus Inc.(NASDAQ: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced the completion of the acquisition of Hardent, Inc. (“Hardent”), a leading SoC digital design company. CXL-based architectures will be critical to meet the increasing demands of cloud data centers. CXL memory expansion and pooling promise significant improvements in per-core memory performance and capacity

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Rambus to Acquire Hardent, Accelerating Roadmap for Next-Generation Data Center Solutions

Augments world-class engineering team with deep SoC digital design expertise for Rambus CXL Memory Interconnect Initiative SAN JOSE, Calif. –  May 5, 2022  – Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced it has signed an agreement to acquire Hardent, Inc. (“Hardent”), a leading electronic design company. This acquisition augments the world-class team of engineers at Rambus and accelerates the development of CXL processing solutions for next-generation data centers. With 20 years of

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Steven Laub Joins Rambus Board of Directors

SAN JOSE, Calif. – May 4, 2022 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced the appointment of Steven Laub to its Board of Directors. Mr. Laub is an accomplished executive with over 25 years of semiconductor industry leadership experience. Prior to his recent board role at IPV Capital, a semiconductor private equity firm, Mr. Laub served approximately ten years as president, chief executive officer and member of the

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Rambus Reports First Quarter 2022 Financial Results

Exceeded Q1 guidance for revenue Delivered record quarterly product revenue of $48.0 million driven by memory interface chips Strengthened balance sheet by retiring debt and generating $42.6 million in cash from operations SAN JOSE, Calif. – May 2, 2022– Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the first quarter ended March 31, 2022. GAAP revenue for the first quarter was $99.0 million, licensing billings were $64.1 million,

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Rebuilding Together Peninsula to Celebrate National Rebuilding Day on April 30, 2022

OVER 600 VOLUNTEERS EXPECTED TO PROVIDE CRITICAL HEALTH AND SAFETY-RELATED REPAIRS AND UPGRADES IN A SINGLE DAY FOR 19 PENINSULA FAMILIES AND FACILITIES REDWOOD CITY, CA: On Saturday, April 30, 2022, Rebuilding Together Peninsula (RTP) will celebrate its 33rd National Rebuilding Day with the support of more than 600 volunteers from over 30 sponsoring organizations and companies. Joining hands on 30 project sites throughout San Mateo and northern Santa Clara Counties, volunteers will provide home repair and renovations for homeowners-in-need and select

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Rambus Announces James Mitarotonda to Become Board Advisor

SAN JOSE, Calif., March 11, 2022 —Rambus Inc. (NASDAQ: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced that James Mitarotonda will not seek re-election to the Company’s Board of Directors and will step down following the Company’s 2022 annual meeting of the stockholders. As part of his transition, Mr. Mitarotonda will continue on as a consulting advisor for the Rambus Board and management team for a term of one year. “We are

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