Natalia Winkler's questions to Rambus Inc (RMBS) leadership • Q2 2025
Question
Natalia Winkler from Evercore ISI requested an update on the MRDIMM opportunity, including its market timing and potential size. She also asked if the rise of ARM-based CPUs presents a different dynamic for memory channel counts compared to traditional x86 platforms.
Answer
CEO Luc Seraphin projected that MRDIMM would enter the market around 2026, with revenue contributions beginning in the second half of 2026 and beyond. He estimated the total addressable market for MRDIMM could reach approximately $600 million at its peak. Regarding CPUs, Seraphin stated that Rambus is agnostic to the architecture (ARM vs. x86) and views the competition as a positive driver for the adoption of higher-speed memory solutions.