Rambus initiated with an Outperform at William Blair

William Blair analyst Sebastien Naji initiated coverage of Rambus (RMBS) with an Outperform rating and no price target The firm says Rambus is the leader in DRAM memory solutions. The company has established itself as the market share leader in DRAM interface chips with more than 40% market share for registering clock driver components, the analyst tells investors in a research note. Blair believes the company is well positioned to benefit from increasing selling prices and higher memory demand across server DRAM and AI data center use-cases.