Amazon Signs Major Deal to Supply Its Own AI Chips to Meta

The news indicates that Amazon has become a significant player in the supply of AI chips, which could enhance the company's cloud and AI revenues. Technical indicators point to a strong upward trend; the RSI at 67.7 is approaching overbought territory, but momentum continues. The MACD line is above the signal line and in positive territory, suggesting sustained short-term buying pressure. The price is trading above both the 20-day and 50-day moving averages, supporting the bullish trend. However, the 4.7% rise in the last 24 hours and the elevated RSI level increase the risk of a short-term correction, limiting our optimism.

The news announces an artificial intelligence chip supply agreement among major technology companies, but its direct impact on a crypto asset like JST is limited. Technical indicators show RSI at 46.86, in neutral territory, MACD below the signal line, and the price trapped between SMA20 and SMA50. There is no clear directional signal in the short term, so the market is expected to trade sideways within the current range.

This news confirms the increasing demand for artificial intelligence hardware and the trend toward vertical integration in the technology sector. In the short term, it may boost interest in semiconductor and cloud computing stocks, positively impacting overall market sentiment. However, risks such as competition regulations or supply chain issues could limit the upside. In Turkish markets, a limited positive reflection may be observed in technology and IT sector stocks.