Asian Stocks Hit Record Highs: AI Chip Makers in Korea and Taiwan Lead the Rally

Record levels in Asian stock markets, reflecting strong momentum in artificial intelligence chip demand, may increase global risk appetite. While this creates a positive atmosphere, particularly in technology-heavy developed markets, a short-term upward effect can also be expected in emerging markets such as Turkey. However, the sustainability of this AI-driven rally and the impact of other macroeconomic factors should be closely monitored.

The news headline creates a positive atmosphere for artificial intelligence chip manufacturers in Asia, with TSM standing out as one of the leaders in this trend. Technical indicators suggest the stock is in a short-term recovery: the RSI is at 53, in neutral territory; the MACD, while below the signal line, remains positive; and the price is trading just below the 20-day moving average (413.6). The 3.68% rise in the last 24 hours indicates increasing momentum. However, the uptrend could strengthen further if the price breaks above the 20-day average and the MACD crosses above the signal line. Therefore, an upward movement can be expected in the short term, but caution is advised.

The news reflects a positive global sentiment toward artificial intelligence chip manufacturers, creating a supportive environment for NVDA. Technical indicators show the stock is in a strong uptrend, with the RSI approaching overbought territory at 68. The MACD is above its signal line, indicating positive momentum. While the upward potential may continue in the short term, the elevated RSI level also suggests a risk of a potential pullback.

AMD shares have surged more than 27% in the last 24 hours, pushing the Relative Strength Index (RSI) to 81.6, deep into overbought territory. This increases the likelihood of profit-taking and a technical correction in the near term. While the headline news is positive for AI chip makers, the current price level suggests that much of this optimism may already be priced in. Although the MACD remains positive, the overbought signal and the price trading well above its 20-day moving average point to a risk of a short-term pullback.