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Share price rallies on Garibaldi news

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Memory technology company Rambus said that it has made a number of significant wins with network companies adopting its blueprints for their infrastructure products. The firm, which is famous for the way its stock peaks and troughs, said it had enlisted HP, IBM, LSI Logic, NEC, Texas Instruments and Toshiba to its ranks. And it said that a number of other networking companies, including SwitchCore, SiTera, Orologic and Extreme Packet Devices, were sampling devices based on its memory technology. Rambus claimed in a press release that ASICs using its technology help break through bottlenecks in communications. The news came after Rambus had a rough ride on Wall Street for the previous four or five days of trading. However, the price rose yesterday by $20 to close at nearly $230. Earlier this year, Rambus re-organised itself to address the networking market. Meanwhile, a hardware site has come up with a look at the firm's technology for the PC market. Over at Hardware Central there is a piece reviewing the technology, concluding that RIMMs have a future. Yesterday we reported that Intel's up-and-coming Garibaldi motherboard, which supports Willamette, will use RIMMs. ® RegiStroid $500 Garibaldi is (a) an Intel motherboard, (b) a tasty biscuit studded with raisins and (c) a famous patriot who helped transform Italy into a modern state. Related Story Intel's Garibaldi takes the Rambus biscuit

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