Beaten-down Rambus (RMBS +8.9%) soars after receiving a mixed verdict in its suit against SK...

|By:, SA News Editor

Beaten-down Rambus (RMBS +8.9%) soars after receiving a mixed verdict in its suit against SK Hynix.  Though finding Rambus guilty of destroying evidence in advance of the case and overturning a prior $397M award in Rambus' favor, a federal district court also ruled Hynix is infringing Rambus' patents, and that the memory IP company is entitled to royalties on them on FRAND terms. (Rambus PR)