Digi Power X Signs $1.1 Billion Data Center Agreement with Cerebras

AAOI shares experienced a 19.7% decline over the past 24 hours, closing at $148.99. While the RSI at 38.8 approaches oversold territory, the MACD line remains below the signal line and in negative territory. Trading below the 20-day SMA ($161.06) and 50-day SMA ($169.28) indicates a weak short-term technical outlook. Although news headlines focus on the agreement between Digi Power X and Cerebras, there is no direct impact on AAOI, and the current technical structure suggests that downward pressure may persist.

AMD shares have surged more than 27% in the last 24 hours, pushing the Relative Strength Index (RSI) to 81, indicating overbought conditions. Although the headline does not directly mention AMD, it involves a data center deal that could be interpreted as a positive signal for AI and data center demand. However, following such a rapid rise, profit-taking or sideways movement is highly likely in the short term. While technical indicators point to overbought levels, the MACD still supports the uptrend. Therefore, a neutral stance is recommended due to short-term directional uncertainty.