Rambus (RMBS +15%) is taking off thanks to its licensing deal with Broadcom (BRCM). BWS...

|By:, SA News Editor

Rambus (RMBS +15%) is taking off thanks to its licensing deal with Broadcom (BRCM). BWS Financial thinks the deal could generate $40M/year in revenue for the company (all of which would be gross profit), and notes it takes Broadcom out of an ITC dispute Rambus is embroiled in with several chipmakers. Rambus shares were clobbered last month following an adverse ruling in a long-running antitrust suit against Micron and Hynix.