🟢 Rambus is trading 4.7% up today following a broad semiconductor rally and strong Samsung earnings

Rambus is trading at $86.69 (+4.69%) as a broad semiconductor rally lifts chip stocks following strong Samsung earnings and a bullish supply outlook.

• The sector-wide move sees the SOXX up 2.81%, driven by improved sentiment regarding global chip demand and supply chain stability.
• Rambus maintains positive momentum from its July 27 earnings report, where it posted record Q2 revenue of $207.4 million and exceeded EPS estimates.