Rambus (RMBS) has recently undergone significant boardroom changes, including the appointment of Victor Peng to its Board of Directors and the departure of CFO Desmond Lynch. Despite a short-term share price cooling, the company has seen strong long-term returns. Simply Wall St’s analysis suggests Rambus is 12.9% undervalued based on long-term AI and data center demand, although its current P/E ratio is higher than the industry average, indicating potential valuation risk.
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A Look At Rambus (RMBS) Valuation After Board Appointment And CFO Transition
Rambus (RMBS) has recently undergone significant boardroom changes, including the appointment of Victor Peng to its Board of Directors and the departure of CFO Desmond Lynch. Despite a short-term share price cooling, the company has seen strong long-term returns. Simply Wall St’s analysis suggests Rambus is 12.9% undervalued based on long-term AI and data center demand, although its current P/E ratio is higher than the industry average, indicating potential valuation risk.