AMD Stock Dips on Zen 6 Delay Rumors Amid AI-Fueled Supply Crunch
AMD shares fell about 2.4% after rumors that Zen 6 CPUs (codenamed Olympic Ridge) may be delayed to 2027 due to AI-driven component shortages, though AMD still expects a 2026 release; Intel reportedly faces similar delays. Analysts rate AMD as Moderate Buy with a price target around $283.69, implying roughly 45% upside.