China Chip Fund in Talks to Lead $4.5 Billion Investment Round in DeepSeek

The news highlights China's significant investment in artificial intelligence, which could increase demand for chipmakers such as NVDA. Technical indicators confirm a strong upward trend: the RSI is approaching overbought territory at 68 but maintains momentum, the MACD is above the signal line and positive, and the price is trading above both the 20-day and 50-day moving averages. However, the sharp 9% rise in the last 24 hours may increase the risk of profit-taking in the short term, so a cautiously optimistic approach is advisable.

AMD shares have surged more than 27% in the last 24 hours, with the RSI reaching 81, entering overbought territory. The news is related to China's chip fund investing in DeepSeek, which signals a direct demand increase for AMD. However, the impact of such geopolitical developments is typically limited and short-lived. Technically, overbought conditions and high MACD values increase the likelihood of a short-term correction or consolidation. Therefore, while the upward momentum is expected to continue, initiating new positions at current levels may be risky.

The news indicates that China is signaling a major investment in the artificial intelligence and chip sectors. TSM closed at $411.53, up 3.68% on the day. The RSI stands at 53.78, in neutral territory, while the MACD remains below the signal line but retains a positive value. Short-term SMA20 (413.65) and SMA50 (403.87) averages support the upward trend. However, the impact of the investment news may be limited, as TSM is not directly related to DeepSeek, though sectoral optimism could be reflected.

The news indicates that China is signaling a major investment in the artificial intelligence and chip sectors. Since AVGO operates in the chip industry, this development could be perceived positively. Technical indicators also support an upward trend: R14 is above 60, MACD is above the signal line, and the price is above both the 20-day and 50-day moving averages. However, given the slight decline in the last 24 hours and the fact that the news may have a limited direct impact on AVGO, the bullish expectation can be expressed with moderate confidence.