Exhibit 99.1 News Release RAMBUS REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS • Launched industry-leading family of DDR5 PMICs for AI and traditional servers SAN JOSE, Calif. – April 29, 2024 – 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, 2024. GAAP revenue for the first quarter was $117.9 million, licensing billings were $63.2 million, product revenue was $50.4 million, and contrac ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Rambus (RMBS) .Rambus currently has an average brokerage recommen ...

Rambus (RMBS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this memory chip designer have returned +7.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Electronics - Semiconductors industry, which Rambus falls in, has gained 4.9%. The key question now is: What could be the stock's future dire ...

In the latest market close, Rambus (RMBS) reached $63.40, with a +1.41% movement compared to the previous day. This change outpaced the S&P 500's 1.12% gain on the day. Elsewhere, the Dow gained 0.61%, while the tech-heavy Nasdaq added 1.54%.Coming into today, shares of the memory chip designer had gained 7.72% in the past month. In that same time, the Computer and Technology sector lost 0.4%, while the S&P 500 gained 2.06%.Investors will be eagerly watching for the performance of Rambus in its upcoming ear ...

SAN JOSE, Calif.--(BUSINESS WIRE)--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 str ...

Rambus (RMBS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this memory chip designer have returned -19.3%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Electronics - Semiconductors industry, which Rambus falls in, has gained 4.5%. The key question now is: What could be the stock's future direction?Although media r ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Rambus (RMBS) .Rambus currently has an average brokerage recommendation (A ...

Customer Concentration and Revenue Risks - The company's top five customers represented approximately 62%, 58%, and 56% of its revenue for the years ended December 31, 2023, 2022, and 2021, respectively, indicating a high degree of revenue concentration [59]. - The company faces risks related to customer concentration, as losing any major customers could lead to substantial revenue decreases [59]. - The company has experienced fluctuations in customer demand, which may impact revenue and operating results [59]. - Revenue is influenced by customer pricing policies, and there is no assurance that licensed products will be competitively priced or sold in significant volumes [63]. - A significant portion of future revenue depends on sustaining or growing licensing revenue, which is subject to various risks including customer adoption of technology [80]. Market and Economic Conditions - The semiconductor market is cyclical, and increased inventory levels may lead to overcapacity and lower prices, impacting the company's financial condition [52]. - Weak global economic conditions could adversely affect demand for the company's products and services, potentially leading to reduced royalty revenue and product sales [93]. - Rising inflation rates may increase operating expenses, particularly in research and development, which constitutes a significant portion of total expenses [97]. - The company is subject to various risks related to international operations, including economic conditions and regulatory changes [52]. - The U.S. government has imposed controls affecting the export of certain semiconductor-related products to China, which may impact the company in the future [91]. Licensing and Regulatory Challenges - The company has a lengthy and costly licensing cycle, and failure to achieve expected licensing revenue could lead to a material decline in operating results [52]. - The company continues to negotiate licensing agreements, with future agreements potentially affecting existing terms, which may be less favorable [62]. - The company has a complex licensing structure that may limit pricing flexibility and affect revenue from existing customers [60]. - Changes in accounting principles, such as the adoption of ASC 606, have materially impacted revenue recognition and may increase volatility in financial results [112]. - The company is subject to various regulations regarding user privacy and data protection, which could increase operational costs and affect product development [138]. Competition and Technological Risks - The company operates in a highly competitive environment, with significant risks from alternative technologies that may provide comparable performance at lower costs [57]. - The company must keep pace with technological innovations to remain competitive; failure to do so could harm revenue and operating results [66]. - The qualification process for products is lengthy and expensive, and delays or failures in qualification could adversely affect sales and operating results [64]. Supply Chain and Manufacturing Risks - The company relies on third parties for manufacturing services, and any failure by these parties could materially affect its business [52]. - Supply chain disruptions, including semiconductor shortages, could lead to delays in obtaining necessary materials and negatively impact production timelines [99]. - The company relies on third-party manufacturers for production, and any disruptions in their operations could materially affect the company's ability to fulfill customer orders [98]. Acquisitions and Integration Challenges - The company has made acquisitions in the past and may continue to do so, which could result in operational benefits or challenges that affect financial results [52]. - The company has made several acquisitions, including Northwest Logic, AnalogX Inc., and PLDA Group, but these may not yield expected operational benefits [113]. - Future acquisitions may require incurring debt or issuing equity, which could involve restrictive covenants or dilution of existing stockholders [117]. - The company may face challenges in integrating acquired businesses, which could disrupt operations and affect financial performance [114]. Security and Compliance Risks - The company faces significant risks from physical and cybersecurity breaches, which could lead to unauthorized access and disruption of its information technology systems [107]. - Any security incidents could result in damage to the company's reputation, loss of customers, and increased costs for remediation and compliance [108]. - The company maintains insurance coverage for certain liabilities related to security breaches, but there is uncertainty regarding the adequacy of this coverage [109]. - Compliance with conflict minerals regulations may incur significant costs and affect the sourcing of materials used in products [139]. Financial and Investment Risks - The trading price of the company's common stock has experienced volatility, influenced by various factors including financial performance and market conditions, with no guarantee of continued price increases [160]. - The company acknowledges that any guidance provided regarding future revenue and operating expenses may not always be accurate, leading to potential declines in stock price if expectations are not met [87]. - As of December 31, 2023, the company had an investment portfolio of fixed income marketable securities totaling $337.4 million, including cash equivalents [326]. - If market interest rates were to increase immediately and uniformly by 1.0%, the fair value of the investment portfolio would decline by approximately $1.9 million [326]. Human Resources and Operational Risks - The company is dependent on attracting and retaining qualified personnel, and any loss of key employees could disrupt business operations [121]. - Restructuring activities may disrupt operations and lead to significant management distraction and additional expenses [129]. - The company commenced operating a new ERP system in Q3 2023, and any failures could impact timely and accurate financial reporting [130]. Legal and Intellectual Property Risks - Ongoing litigation or claims of IP infringement may require the company to expend substantial resources, potentially hindering the development and licensing of its technology [146]. - The company faces potential challenges regarding the patentability of its inventions, with the U.S. Patent and Trademark Office (USPTO) and European Patent Office (EPO) reviewing certain patents, which could lead to invalidation and significant revenue decline if a substantial number of patents are impaired [144]. - The company has an active patent protection program, but there is no assurance that current or future patent applications will be approved or upheld, which could adversely affect operating results [147].

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Rambus (RMBS) .Rambus currently has an average brokerage recommendation (A ...

Shares of Rambus (RMBS -18.53%) 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" quarterRambus' 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 more than offset by declines in product (down 20% to $53.7 million) and contract revenue (down 32.4% to $16.1 million). On the bottom line ...