Items tagged with i840
Shares of Rambus are down more than 50 percent today after a jury trial on Wednesday found Micron and Hynix Semiconductor not guilty of price fixing. Rambus had sued the two manufacturers for over $12 billion, claiming that they formed “a secret and unlawful conspiracy to kill a revolutionary technology, make billions of dollars and hang onto power." “We are disappointed with this verdict as we believe strongly in our case,” Rambus Chief Executive Harold Hughes said in a statement. “We do not agree with several rulings that affected how this case was presented to the jury... Read more...