Google to Sell TPU Chips to Select Customers, Competing with Nvidia
📊 GOOGL — Piyasa Yorumu
▲ up · 65%The news indicates that Google will compete with Nvidia in the AI hardware market by selling its TPU chips to external customers. This strategic move has the potential to diversify the company's revenue streams and may be viewed positively by investors. Technical indicators also support this optimism: although the RSI is approaching overbought territory at 71, the MACD is above its signal line, and the price is trading well above both the 20-day and 50-day moving averages. The 3.3% rise in the last 24 hours suggests strong momentum. However, the elevated RSI also brings a risk of a short-term correction, so the bullish outlook should be tempered with cautious optimism.
📊 NVDA — Piyasa Yorumu
▼ down · 60%The news that Google is selling its TPU chips to compete with Nvidia could be perceived as a threat to Nvidia's dominance in the AI market. Technical indicators show the RSI approaching 68, signaling overbought territory, while the MACD being above the signal line increases the likelihood of a short-term correction. Following a 4.3% rise in the last 24 hours, this news may trigger profit-taking. A downward movement is expected in the short term, but the impact may be limited.