Rambus Inc. (NASDAQ:RMBS) Q4 2023 Earnings Call Transcript

Desmond Lynch: Thanks. We have started to ship in low volumes, companion chip in Q4 of last year, last part of last year. We believe that we’re going to increase our shipments into the second generation of products towards the second-half of the year. We spent a lot of time recently in building a power management team and building power management products that we have sampled our customers with and for which we have very strong feedback. But we also expect those qualifications for the power management chip, which came a bit later, to happen in the first-half of the year, but revenue to start towards the second part of the year.

Nam Kim: Okay, great. Thank you.

Desmond Lynch: Thank you, Nam.

Operator: Thank you. [Operator Instructions] At this time, there are no further questions. This concludes the question and answer session. I would now like to turn the conference back over to the company.

Desmond Lynch: Thank you to everyone who has joined us today and for your continued interest and time. We look forward to speaking with you again soon. Have a great day. Thank you.

Operator: This concludes today’s conference. Thank you for your participation. You may now disconnect.