Why Rambus Rallied Today

Surging DRAM demand in the data center is benefiting this memory interface company. Shares of Rambus (RMBS 12.12%) rallied 11.3% on Tuesday as of 12:36 p.m. ET. Positive news on Rambus came from last night's third-quarter earnings report, in which Rambus' bottom line handily surpassed expectations. Management also gave a positive outlook on the current quarter. AI is leading to surging DRAM demand Rambus makes revenue in three ways: memory interface chips, which protect and control the flow of data between ...