SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: cellhigh who wrote (36271)1/5/2000 7:28:00 PM
From: Don Green  Respond to of 93625
 
Survey Claims Rambus Will Win 16% Of Memory Chip Market In 2000

01/05/2000
Dow Jones Business News
(Copyright (c) 2000, Dow Jones & Company, Inc.)



NEW YORK -(Dow Jones)- Shares of Rambus Inc. moved up sharply Wednesday after the publication of an online survey claiming that the chip maker's computer-memory product will have 16% of the market in 2000.

Shares of Mountainview, Calif.-based Rambus (RMBS) closed up $9.31, or 13%, at $80.50 during a session of broad technology declines.

The survey, conducted by Nikkei Market Access, a Japanese data service, predicted that shipments of dynamic random access memory chips designed by Rambus could reach 270 million units in 2000.

Several market participants said the survey led investors to snap up Rambus shares. The past few weeks have seen little news on the company, which hopes to sell its high-speed memory chip, known as R-DRAM, to makers of PCs and servers, one market player said.

In early December, the company announced plans to increase its focus on providing new technology to the communications market. Rambus said it would double its chip-connection speed to 1.6 gigahertz and develop technology for quadrupling the transfer rate to 6.4 gigabytes.

Copyright (c) 2000 Dow Jones & Company, Inc