Rambus Inc. (NasdaqGS:RMBS) will look for M&A. Keith Jones, Interim Chief Financial Officer said, “So on the convertible note side, we're deeply reviewing all the alternatives that might avail themselves to us. So we'll go through and continue to manage that. But it also just kind of really lines up to what we want to do long term for capital allocation, which also includes looking at M&A opportunities.

So it's a balance. So we are committed to returning capital to shareholders. We will continue to look for M&A, and we're actively managing the convertible notes”.