
Rambus Rallies on License Agreement
Memory chipmaker
Rambus
(RMBS) - Get Rambus Inc. Report
rallied 13.9% in preopen
Island
trading.
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The stock was down sharply Tuesday on concerns that
Intel
(INTC) - Get Intel Corporation Report
would end its use of Rambus technology. Today, Rambus announced a license agreement with Korea's
Samsung Electronics
.