Company Overview - Rambus Inc. is a leading provider of advanced semiconductor products and intellectual property solutions, specializing in memory interface chips and security technologies [7] - The company operates a fabless semiconductor business model, generating income through direct product sales and licensing fees for its patented technologies [10] - Rambus serves module manufacturers, OEMs, and global technology companies across the United States, Asia, and Europe [10] Financial Performance - Trailing twelve months revenue was $678.49 million with net income of $228.82 million [4] - The company's third quarter revenue rose to $178.5 million, up from $145.5 million in the prior year, while net income slightly declined to $48.4 million from $48.7 million [12] - As of November 14, 2025, shares were priced at $95.25, down 16.85% from the 52-week high [3] Investment Activity - Informed Momentum Co LLC initiated a new position in Rambus during the third quarter, acquiring 89,201 shares valued at $9.14 million [2] - This new position represents 1.05% of Informed Momentum's $872.25 million in reportable U.S. equity assets as of September 30, 2025 [3] - The purchase made Rambus the fifth largest holding in Informed Momentum's portfolio, which includes over 250 stocks [11] Market Position and Trends - Rambus's semiconductor products are in demand due to the rise of artificial intelligence, which requires high-performance semiconductor solutions [12] - The company has delivered a total return of 78.5% over the past year, outperforming the S&P 500 by 62.84 percentage points [3] - The stock's P/E ratio was nearly 46, indicating an elevated valuation despite recent price declines [13]