On September 28, Rambus fell 5.32% in regular trading, trading at $99.66 USD/share, with Turnover of $54.86 million.

Within the Semiconductors sector where Rambus belongs, individual stocks were broadly under pressure. Among individual stocks, NVIDIA up 1.72%, Micron Technology down 4.59%, Advanced Micro Devices down 4.93%, Intel down 5.92%, Broadcom down 1.44%.

Rambus is a company specializing in memory interface and security technology IP licensing, primarily generating revenue from licensing its technology patents to semiconductor companies. The company reported Q2 revenue of $207.4 million and non-GAAP EPS of $0.77, both exceeding market expectations. In early August, the company launched a $100 million accelerated share repurchase program expected to be completed by the end of Q3.

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