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Added to YB: 2026-05-20

Pitch date: 2026-03-16

RMBS [bullish]

Rambus Inc.

+30.63%

current return

Author Info

No bio for this author

Company Info

Rambus Inc. manufactures and sells semiconductor products in the United States, South Korea, Singapore, and internationally.

Market Cap

$13.4B

Pitch Price

$93.42

Price Target

N/A

Dividend

N/A

EV/EBITDA

40.09

P/E

58.92

EV/Sales

17.50

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
Rambus Inc. - $RMBS

RMBS: RAM interface IP licensor & chipmaker for CPUs, which are ramping from AI. Products rev grew $73M ('19) to $350M ('25) on 45% RCD market share. MRDIMM launch H2 '26 has 7-8x content vs RDIMM ($30 vs $4 ASP). Agentic workloads exploding (tool calls 5%→25%+ of API requests) need high CPU bandwidth/capacity. 10% MRDIMM penetration at 45% share = $300M rev, $185M gross profit (~50% of '27 consensus). CPU demand surging: Intel/AMD/NVDA all citing underforecasted demand. Trading 35x '26 EPS, 30x '27 EPS but estimates look way too low if CPU cycle + MRDIMM adoption play out.

Read full article (13 min)