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Rambus’ Fate Depend On The Outcome Of Lawsuits; Barron’s (RMBS, MU)

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Rambus (NASDAQ: RMBS) has recently settled a patent case with Samsung. The company is also currently involved in separate lawsuits worth $12 billion against Micron Technology (NASDAQ: MU) and Hynix Semiconductor. Investors are bullish about the outcome of these lawsuits.

According to a report released by Barron’s, the stock is expected to grow by 100% in the case of a positive outcome. However, the chipmaker has a bleak scenario if its lawsuits fail. Harold Hughes, CEO of Rambus, said, “We do not intend to give Hynix or Micron a deal comparable to the one we gave to Samsung."

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