Meta to Boost AI Services Using Amazon Graviton Chips
📊 AMZN — Piyasa Yorumu
▲ up · 65%The news highlights a partnership that enhances Amazon's competitiveness in cloud and artificial intelligence. Technical indicators support this positive outlook: RSI is above 60 and MACD is above its signal line, suggesting short-term upward momentum may continue. The price is trading above both the 20-day and 50-day moving averages. However, following a 3.3% rise in the last 24 hours, some profit-taking may occur in the short term. Therefore, the bullish expectation can be expressed with moderate confidence.
📊 META — Piyasa Yorumu
▲ up · 70%Meta's decision to use Amazon's custom chips confirms robust demand for cloud computing and AI infrastructure. This news may create short-term optimism in technology stocks, particularly among cloud service providers. Investors may view positively the efforts of major tech companies to reduce costs and increase efficiency. However, the market impact of such partnerships may be limited, as similar collaborations have been announced previously.