Rambus Q3: AI Growth Story Still There, But It's Priced In (Rating Downgrade)

Core Insights - Rambus Inc. reported decent Q3 numbers, but the results did not lead to an increase in share price as investors opted to take profits [1] - The company's growth narrative in the AI sector remains intact, indicating potential for future growth [1] Financial Performance - The Q3 performance was described as decent, although specific financial metrics were not detailed in the provided text [1] Investor Sentiment - Despite the decent quarterly results, investor sentiment led to profit-taking, which impacted the share price negatively [1]