Rambus Shares Fall 13% on Q1 Revenue and Earnings Forecast Adjustment

Rambus shares fell 13% after the company flagged supply chain disruptions that could impact sales. The firm lowered its Q1 2026 revenue and earnings forecast due to tight availability in memory-related components. CEO Luc Seraphin said the issue is being addressed with partners and customer demand remains strong. CFO Desmond Lynch estimated the impact could be in the low double-digit millions of dollars. Investors focused on execution risk despite the company's longer-term outlook for 2026.