Tag: Rambus

Why Rambus Stock Plunged Today

Shares of Rambus (NASDAQ: RMBS) are down 19.2% as of 2:45 p.m. ET Tuesday after the chip interface technologies specialist announced weaker-than-expected quarterly results. Rambus was pleased with its “strong” quarter Rambus’ fourth-quarter 2023 revenue fell slightly on a year-over-year basis to $122.2 million, as a 67% increase in royalties revenue (to $52.4 million) was […]