S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

D-Day Arrives For Micron v. Rambus/Hynix (MU, RMBS)

Photo of Jon C. Ogg
By Jon C. Ogg Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Micron Technology Inc. (NYSE: MU) and Rambus Inc. (NASDAQ: RMBS) have been halted pending news.  This is obviously for the verdict of the ongoing patent case, which analysts and investors have been watching for quite some time.

The WSJ has reported that a verdict has been reached and the jury verdict will come later today.

Rambus has alleged, as in other patent cases, that Micron and Hynix violated antitrust law by conspiring to prevent the Rambus technology from gaining further traction in the semiconductor industry.

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
Drew Wood |

A 70-Year-Old With $1.4 Million Faces a $62,000 RMD That Pushes Him Into a Higher Tax Bracket
A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not
Drew Wood |

A Couple's $1.2 Million Portfolio Faces a 3.9% Withdrawal Rate That Feels Safe but Is Not

Continue Reading

Jon C. Ogg |

(Update Verdict!) D-Day Arrives For Micron v. Rambus/Hynix (MU, RMBS)

UPDATE 2:20 PM EST : CNBC reported that the jury has ruled against Rambus in the case…. at 2: 18 PM…
Douglas A. McIntyre |

Can Rambus Regain Its Shine? (RMBS, MU)

Calling last week a rough spot for Rambus, Inc. (NASDAQ: RMBS) might be the understatement of the year.  This was…
Douglas A. McIntyre |

Top Active Trader Alert Stocks (ASMI, MU, PTIE)

Active traders and day traders have many stocks to choose from this Friday morning.  We are tracking news and moves…
Jon C. Ogg |

Top Day Trader Alerts (AAN, BIDU, BKS, CTRP, MU, RMBS, RZ)

There are many stocks on the move this morning.  The active trader and day trader alerts seen so far this…
Douglas A. McIntyre |

Apple-Nokia Patent Wars Heating Up (AAPL, NOK, QCOM, BRCM, RIMM, RMBS)

Patent lawsuits are nothing new in the world of technology.  And the patent suit from Nokia Corp. (NYSE: NOK) against…
Douglas A. McIntyre |

Rambus Tells the FCC Thank You!

Rambus Inc. (RMBS-NASDAQ) is up 6.5% at $21.15 after-hours after closing down 1.2% at $19.83 in normal trading.  It announced…
Will Apple Pay the $943 Million It Now Owes VirnetX?
Paul Ausick |

Will Apple Pay the $943 Million It Now Owes VirnetX?

A small Nevada company has won an award of $506 million related to claimed patent infringement by Apple, which now…
Douglas A. McIntyre |

Rambus Legal Chief Quits… Better or Worse? (RMBS)

Rambus Inc. (NASDAQ:RMBS) announced after the close that its senior legal advisor John Danforth who had been Senior Legal Advisor…
Douglas A. McIntyre |

Watch Out for Rambus Headlines Today

Stock Ticker: RMBSWe have a dual situation in Rambus (RMBS) today. The company is presenting at the UBS Global Communications…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618