Rambus (RMBS) Q2 FY26 earnings call

Rambus reported a strong quarter with record revenue and non-GAAP earnings, driven by robust product and royalties performance, exceeding guidance. The company is strategically building inventory to mitigate persistent supply chain tightness and lengthening lead times, while actively engaging with hyperscalers on advanced IP solutions for AI infrastructure. Management remains confident in its roadmap and ability to capitalize on data center and AI trends, despite the dynamic market and platform ramp timing.