NVDA has been a disaster for two years++ rally to $19 a joke
Rambus to face two legal milestones this month
Two important legal events affecting high-speed chip interface maker Rambus (RMBS) are expected to take place this month. The company's antitrust case against several memory manufacturers is scheduled to go to trial on January 11. Rambus has accused Hynix, Micron (MU) and Samsung - the defendants in the case - of eliminating competition and stifling innovation in the computer memory technology and computer memory chip market. Meanwhile, the International Trade Commission is expected to make a decision in Rambus' patent infringement case against Nvidia (NVDA) in January. In a note to investors today, BWS analyst Hamed Khorsand wrote that Rambus has an advantage in the Nvidia case, since it won claim construction. Companies that win claim construction typically win the case, according to Khorsand. However, the analyst, noting that Rambus shares have jumped nearly 50% since the beginning of November, recommends that investors consider selling a portion of their shares in the company. Khorsand believes that the shares could tumble 50%-60% from current levels on negative news. In a separate note to investors today, Capstone Investment analyst Jeffrey Schreiner predicts that Hynix and Micron could be forced to declare bankruptcy if they lose their case to Rambus. Schreiner believes that investors should take a closer look at the risks the defendants face in the case. In early trading, Rambus gained 40c, or 1.64% to $24.80, while Micron jumped 39c, or 3.69%, to $10.95. :theflyonth
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