Rambus stock jumps 11% as DRAM price forecast spikes ahead of earnings call
Rambus shares jumped 11.4% to $126.83 by midday Monday, outpacing chip sector gains after TrendForce forecast DRAM contract prices would surge up to 95% in the first quarter on AI and data center demand. Investors await Rambus’ quarterly results and guidance after the market closes, with a conference call set for 5 p.m. EST.