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 and we are reviewing our options for appeal." Micron stock is up by some 20 percent as of this writing,... Read more...