Skip to main content

Memory chipmaker

Rambus

(RMBS)

, down more than 25% this morning, regained eight percentage points by late afternoon when

Intel

(INTC)

denied reports in

Electronic Buyers' News

that it would drop Direct Rambus DRAM from every computing platform but its high-end workstations by the middle of next year. But

Merrill Lynch

said the report was no surprise and would represent a positive for Intel, which was up 0.3% after losing momentum late in the session.