15 AI News That Broke The Internet

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13. Rambus Inc. (NASDAQ: RMBS)

Number of Hedge Fund Holders: 34

Rambus Inc. (NASDAQ: RMBS), a long-time DRAM memory technology pioneer and key performance enabler in AI systems, was initiated with an “Outperform” rating by Baird on November 26th. The firm stated that the memory interface chip company is an under-the-radar data center beneficiary.

“Rambus’ technology and IP is central to the AI-driven performance increase in data centers, with first-to-market solutions addressing performance bottlenecks between processor and memory. Rambus should be a core holding within the AI-enabling memory technologies investment thesis”.

The analyst forecasts strong secular revenue growth for Rambus Inc. as bandwidth requirements continue to rise for chips. According to Baird, the company has a $1.35 billion data center chipset opportunity.

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