Advanced Micro Devices (AMD) stock was in the news on Tuesday despite reports that its Zen 6 processors could be delayed due to troubles at manufacturer TSM (TSMC). Tech leaker Moore’s Law Is Dead claimed that roadmap changes for the N2X node in development at TSM could result in AMD having to delay its next-generation processors by as much as nine months.
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Based on the leaks, TSM isn’t expected to grant access to the N2X node to its partners until 2027, instead of the previously expected 2026 timeframe. With this manufacturing process, AMD isn’t expected to be able to release its Zen 6 chips. This is due to the requirements needed to meet the demands of those designs. That includes rumors that AMD plans to offer a processor with a 7GHz core frequency in Zen 6.
This builds on rumors that AMD has planned new processors for later this year and 2026 that will be a refresh of the Zen 5 architecture, rather than next-generation processors. This could also be the company’s plan for the rest of 2026 as it waits for the technology to manufacture its Zen 6 chips.
AMD Stock Movement Today
AMD stock was flat on Tuesday alongside the rumors that its Zen 6 chips could be delayed. Even so, the company’s shares have rallied 115.33% year-to-date and 56.19% over the past 12 months. The stock has seen strong gains in 2025 thanks to the AI boom, which has increased demand for the company’s data center components.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Moderate Buy, based on 29 Buy and 10 Hold ratings over the past three months. With that comes an average AMD stock price target of $294.92, representing a potential 3.69% downside for the shares.
