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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 112.52+4.2%11:20 AM EST

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To: Ian@SI who started this subject8/27/2001 4:41:12 PM
From: hdl  Read Replies (1) of 93625
 
Rambus surges following Intel release
By Mike Tarsala, CBS.MarketWatch.com
Last Update: 4:36 PM ET Aug. 27, 2001


MOUNTAIN VIEW, Calif. (CBS.MW) - Rambus shares surged 30 percent Monday after Intel introduced its new high-end Pentium IV microprocessors using Rambus memory.

The new Intel microprocessors use Rambus-designed memory, and run at speeds of 1.9 gigahertz and 2 gigahertz. Intel says computers based on the new chip can create and share digital media up to 81 percent faster than computers based on 1-gigahertz Pentium III chips.

Chips that use Rambus' (RMBS: news, chart) dynamic random access memory, or RDRAM technology, can send data at more than twice the speed of less expensive SDRAM-based chips.

Rambus also announced Monday that it plans to demonstrate and present technical papers for the company's planned RaSer and SerDes communications products at an Intel developers' forum. The new products aim to speed up communications links.

Rambus is developing RaSer and SerDes using developments similar to those used in its flagship memory technology. The products are to be used in chips for networking routers and switches, potentially opening a new market for the company.

In addition, the chip-technology provider plans to demonstrate products on Tuesday that will help increase memory chip frequencies to 1,200-megahertz, which it expects will meet the future needs of personal computer makers.

Rambus shares gained $1.70 to $7.37 on trading volume of 6.85 million.

Mike Tarsala is a San Francisco-based reporter for CBS.MarketWatch.com.
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