Rambus loses 'RDRAM' case, stock drops
Micron Technology has prevailed in an important multi-billion dollar lawsuit brought against it and others by Rambus, a company not shy about suing memory chipmakers. Rambus saw its stock price nosedive as a result.
Boise, Idaho-based Micron, one of the world's largest memory chipmakers, said today that a jury in the California state court antitrust trial of Rambus v. Micron Technology reached a verdict in its favor, clearing it of all liability.
Sunnyvale, Calif.-based Rambus, a chip design house, alleged that Micron, Hynix Semiconductor and others conspired to keep Rambus-designed DRAM (RDRAM) chips out of the memory market. … Read more