Strength Seen in Rambus (RMBS): Can Its 10.1% Jump Turn into More Strength?
Rambus (RMBS) shares rallied 10.1% in the last trading session to close at $107.38. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 40% gain over the past four weeks.The optimism surrounding the stock can be attributed to Rambus’ strength in DDR5, expanding companion chips and PMICs, AI-driven demand for HBM4 and PCIe 7.0, MRDIMM opportunities, client PC expansion, strong silicon IP momentum, and robust cash ...