AI Chip Demand Boosts Taiwan and South Korea's Global Stock Rankings

While the news headline indicates that rising demand for AI chips is positively impacting Taiwan and South Korean stocks, NVDA's technical indicators paint a weak picture in the short term. The stock has fallen 6.8% in the last 24 hours, with its RSI approaching oversold territory at 33.3. The MACD line is below the signal line and in negative territory, suggesting weak momentum. The price is trading below both the 20-day and 50-day moving averages, which could create resistance for a short-term recovery. Although the news presents a positive sector outlook, the weakness in technical indicators and the recent decline leave the short-term direction uncertain.

The news headline indicates that rising demand for AI chips is positively impacting semiconductor-focused markets such as Taiwan and South Korea. TSMC's closing price rose 1.24% from the previous day, with an RSI of 55.36, remaining in neutral territory and not signaling overbought conditions. The MACD line is above the signal line and positive, supporting short-term bullish momentum. Trading above the 20- and 50-day moving averages further strengthens the technical outlook. However, with moderate confidence, an upward move is expected, though additional catalysts may be needed to sustain the rally.

AMD shares have surged 10.6% in the last 24 hours, pushing the RSI to 75.8, firmly in overbought territory. While the headline is supported by rising demand for AI chips, technical indicators suggest a potential short-term pullback or consolidation. Although the MACD remains positive, the overbought RSI level indicates that upside momentum may be limited. Given the short-term directional uncertainty, a neutral stance is recommended.

The increase in demand for artificial intelligence chips is boosting global optimism toward technology stocks, potentially raising risk appetite. This could lead to a short-term rally, particularly in emerging markets and tech-heavy indices. In Turkish markets, BIST 100's technology and semiconductor-linked stocks may benefit from this positive sentiment. However, geopolitical risks and macroeconomic uncertainties could limit the upside.