Rambus Inc. announced that John Allen retired as Vice President, Accounting and Chief Accounting Officer effective September 8, 2026, with a transition period extending to September 30, 2026. The board appointed William Taulbee as the new Vice President and Chief Accounting Officer, effective the same date. Mr. Taulbee brings prior experience from Western Digital and Gartner. His compensation package includes a $355,000 base salary, a $142,000 target bonus, a $175,000 sign-on bonus, and $700,000 in restricted stock units. The departure was not due to disagreements regarding operations or policies. Rambus Inc. operates in the semiconductor industry, specializing in intellectual property for memory interface technologies.

Rambus Inc. entered into an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC on August 4, 2026, to repurchase approximately $100 million of its common stock. Under the terms, Rambus pre-paid $100 million and received an initial delivery of roughly 796,000 shares. The final number of shares will be determined based on the volume-weighted average price during the transaction term, less a discount, with completion expected by the end of the third quarter of 2026. This ASR program is part of a broader share repurchase authorization previously approved by the board. Rambus Inc. operates in the semiconductor industry as a provider of chip and silicon intellectual property for data center and AI infrastructure.

Rambus Inc. reported record second quarter 2026 revenue of $207.4 million, a 20% increase year-over-year, with GAAP diluted EPS of $0.61 and non-GAAP diluted EPS of $0.77. The company achieved record product revenue of $99.2 million and generated $61.2 million in cash from operating activities. For the third quarter of 2026, the company expects revenue between $210 million and $216 million and non-GAAP diluted EPS between $0.75 and $0.82. Rambus provides industry-leading chips and silicon IP for data-intensive computing systems, focusing on data center and AI infrastructure.