Press Releases Archives

Rambus Initiates Accelerated Share Repurchase Program

March 1, 2024

SAN JOSE, Calif., March 1, 2024 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that it initiated an accelerated share repurchase program with Royal Bank of Canada, through its agent RBC Capital Markets, LLC (“Dealer”) to repurchase an aggregate of approximately $50 million of its common stock. “As part of our ongoing capital allocation strategy and commitment to increasing stockholder value, this share repurchase program reflects the strength of our balance sheet and

Rambus Reports Fourth Quarter and Fiscal Year 2023 Financial Results

February 5, 2024

Delivered strong Q4 results with revenue and earnings at the high end of guidance Generated $54.8 million in cash from operations in Q4 Produced quarterly product revenue of $53.7 million driven by memory interface chips Launched industry’s first Gen4 DDR5 RCD for server memory modules SAN JOSE, Calif. – February 5, 2024 – Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported financial results for the fourth quarter ended December 31, 2023. GAAP

Rambus Advances Data Center Server Performance with Industry-First Gen4 DDR5 RCD

December 27, 2023

Highlights: Boosts data rate to 7200 MT/s for a 50% memory bandwidth increase over today’s Gen1 DDR5 devices Extends leadership in key memory interface chip solutions for server main memory Supports accelerated roadmap of server performance for generative AI and other advanced data center workloads Rambus Gen4 DDR5 RCD The Rambus Gen4 DDR5 RCD boosts the data rate to 7200 MT/s. SAN JOSE, Calif. – Dec. 27, 2023 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider

Rambus Wins 2023 “Most Respected Emerging Public Semiconductor Company” Award from Global Semiconductor Alliance

December 11, 2023

SAN JOSE, Calif. – Dec. 11, 2023 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that it is the recipient of this year’s “Most Respected Emerging Public Semiconductor Company” Award in its revenue category from the Global Semiconductor Alliance (GSA). “It is truly an honor to be recognized amongst our industry with this prestigious award from the GSA, representing another great milestone in our ongoing evolution as a leading semiconductor

Rambus Protects Data Center Infrastructure with Quantum Safe Engine IP

December 4, 2023

Highlights: Expands industry-leading family of Quantum Safe IP solutions for data center and government hardware security Integrates into root of trust or embedded secure element in advanced SoCs and FPGAs Delivers cryptographic acceleration with leading NIST-selected quantum-resistant algorithms SAN JOSE, Calif. – December 4, 2023 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced the availability of a Quantum Safe Engine (QSE) for integration into hardware security elements in ASICs,

MEDIA ALERT: Rambus Demonstrates CXL Platform Development Kit at SC23

November 13, 2023

SAN JOSE, Calif. – November 13, 2023 What: Rambus Demonstrates CXL Platform Development Kit Enabling Memory Tiering for AI Infrastructure Who: Rambus Inc. (Nasdaq: RMBS), a premier chip and silicon IP provider Where: Supercomputing 2023 (SC23) at the CXL Consortium Booth (Booth #1301) at the Colorado Convention Center in Denver, CO When: November 14 -16, 2023. Exhibition begins at 10:00 a.m. MT. This week at SC23, Rambus will demonstrate a CXL platform development kit (PDK) that enables module and system

Rambus Reports Third Quarter 2023 Financial Results

October 30, 2023

Delivered strong Q3 results with revenue and earnings above the midpoint of guidance Generated $51.6 million in cash from operations and completed $100.0 million accelerated share repurchase program Completed the sale of the PHY IP business, strengthening focus on chips and digital IP Produced quarterly product revenue of $52.2 million driven by memory interface chips SAN JOSE, Calif. – October 30, 2023 – Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and IP making data faster and safer, today reported

Rambus Boosts AI Performance with 9.6 Gbps HBM3 Memory Controller IP

October 25, 2023

Highlights: Enhances Rambus high-performance memory IP portfolio for AI/ML and other advanced data center workloads Supports future evolution of HBM3 memory standard with up to 9.6 Gbps data rates Enables industry-leading memory throughput of over 1.2 TB/s SAN JOSE, Calif. – Oct. 25, 2023 – Rambus Inc. (NASDAQ: RMBS), a premier chip and silicon IP provider making data faster and safer, today announced that the Rambus HBM3 Memory Controller IP now delivers up to 9.6 Gigabits per second (Gbps) performance supporting

Rambus Added to PHLX Semiconductor Sector Index (SOX)

September 18, 2023

SAN JOSE, Calif. – September 18, 2023 – Rambus Inc. (NASDAQ: RMBS) a premier chip and silicon IP provider making data faster and safer, today announced the company has been added to the PHLX Semiconductor Sector IndexSM (SOXSM), effective September 18, 2023. “We are very pleased to join other major semiconductor companies in the PHLX Semiconductor Sector Index on Nasdaq,” said Luc Seraphin, president and chief executive officer at Rambus. “This is a great milestone for Rambus in our ongoing evolution

Rambus Completes Sale of PHY IP Assets to Cadence

September 7, 2023

SAN JOSE, Calif. – September 7, 2023 – Rambus Inc. (NASDAQ: RMBS) a premier chip and silicon IP provider making data faster and safer, today announced the completion of the previously announced sale of its PHY IP business to Cadence Design Systems, Inc. With this transaction, Rambus strengthens its focus on high-growth chips and digital IP, including novel memory solutions for high-performance computing, to support the continued evolution of the data center and AI. Separately, Rambus affirmed its previously issued guidance

Recent Press Releases