Regulator Says Rambus (RMBS) Patents Asserted Against Broadcom, NVIDIA Should Be Invalid

Rambus (Nasdaq: RMBS) shares are now down 4.6 percent in afternoon trade. Although the decline in the broader stock market is certainly hitting shares, headlines from Bloomberg which suggest a member of a US trade agency has said the company's patents asserted against Broadcom (Nasdaq: BRCM), NVIDIA (Nasdaq: NVDA) and others should be invalid are also likely weighing.

Shares of Rambus last traded at $17.52.

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