15 Most Promising Technology Stocks to Buy Now

11. Rambus Inc. (NASDAQ:RMBS)

Number of Hedge Funds: 34

Potential Upside: 13%

Rambus Inc. (NASDAQ:RMBS) is a semiconductor and technology solutions company specializing in high-performance memory, security, and interface solutions. The company develops advanced memory architectures, cryptographic security products, and chip-to-chip interface technologies used in data centers, AI workloads, and high-performance computing. Rambus collaborates with major semiconductor manufacturers and cloud service providers to enhance data security and processing efficiency.

Rambus Inc. (NASDAQ:RMBS) develops cutting-edge products and innovations that provide the enhanced bandwidth, capacity, and security needed to support the next generation of data center architectures and improve end-user experiences. Ensuring fast and secure data transmission within and between systems remains a critical design challenge that impacts the performance of advanced hardware. With extensive expertise in the semiconductor interconnect technology, Rambus Inc. (NASDAQ:RMBS) is uniquely positioned to tackle this challenge, leveraging its industry leadership to optimize data movement and protection, and thus supporting its investment case.

On February 4, Susquehanna analyst raised the price target on Rambus Inc. (NASDAQ:RMBS) to $70 from $66 and maintained a Positive rating on it. The analyst envisaged better earnings growth opportunity driven by diversification of DDR5 Dual Inline Memory Module (DIMM) buffer chip portfolio, incremental contribution from companion chips, and higher IP content with HBM4 than HBM3/HBM3e.