On August 4, Rambus rose 5.06% in pre-market trading to $97.0/share, with turnover of $363,800. The move reflects continued recovery from the company's strong Q2 earnings released on July 27, now amplified by broad semiconductor sector strength.

Rambus reported Q2 adjusted EPS of $0.77, beating the consensus estimate of $0.72 by 6.94% and representing a 24.19% year-over-year increase. Revenue came in at $207.4 million, surpassing the $199 million estimate and growing 20.4% year-over-year. Q3 guidance of $0.75-$0.82 EPS on revenue of $210-$216 million was largely in line with expectations. The stock had previously retreated from a post-earnings high of $106.3 following Morgan Stanley's warning that memory contract prices may peak in Q4. The current rebound coincides with broad semiconductor sector gains, with Intel up 5.58%, AMD up 5.07%, Micron up 4.79%, and Broadcom up 2.81%.

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