Analysts at Deutsche Bank provided their views on Rambus Inc. (NASDAQ:RMBS) ahead of the company’s Q1 results, continuing to view the company as a solid play in the current market environment given its high level of fixed revenue (around 50%) and a majority of the non-fixed revenue (around 35%) tied to data center spending.

Supply chain concerns have limited some visibility for the company’s buffer chip business, but overall, the analysts believe Q1/Q2 Product forecasts are cautious enough to offset the ongoing supply issues.

The analysts expect solid results/guide with positive momentum continuing for the Product business, although supply chain/lack of visibility are likely to continue to be risks for this business through at least the rest of 2022.