On September 22, Rambus rose 5.67% in regular trading, trading at $102.54/share, with turnover of $74.89 million.

On the news front, the storage chip pricing super cycle continues to intensify. Bank of America recently raised its global memory total addressable market forecast for 2030 to $2 trillion, while lifting DRAM average price expectations for the next two years by 8-12%. Meanwhile, Q3 DRAM and NAND contract prices are projected to rise 20-30% quarter-over-quarter, with DDR5 module spot prices gaining over 2% in the second week of September alone. As a core supplier of memory interface IP and high-speed interconnect chips, Rambus stands as a direct beneficiary of the industry upcycle.

Additionally, the company's previously announced $100 million accelerated share repurchase program, initiated in early August with Mizuho, is expected to be completed by the end of Q3, providing further share price support. Within the semiconductor sector, Micron Technology rose 3.33%, Intel gained 0.43%, and NVIDIA added 0.35%, reflecting broad-based sector strength.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)