US Continues Efforts to Restrict Advanced Chip Exports to China

The news presents a negative geopolitical risk for GOOGL, as enhanced restrictions on advanced chip exports could impact the company's growth areas such as artificial intelligence and cloud computing. Technical indicators also confirm weakness: RSI is in oversold territory below 30, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. A 1.6% decline in the last 24 hours indicates continued selling pressure. The downtrend is expected to persist in the short term, though some buying on the dip may occur due to oversold conditions.

The news signals a regulatory move that threatens NVIDIA's advanced chip exports, a key revenue source. Technical indicators are already weak: the RSI at 37 is near oversold territory, and the price is below both the 20-day and 50-day moving averages. The MACD line is below the signal line and in negative territory, suggesting short-term bearish momentum may continue. The 1.28% decline in the last 24 hours indicates increasing selling pressure. However, the low RSI level prevents us from completely ruling out the possibility of a short-term bounce.

The news introduces a geopolitical risk that could restrict AMD's access to the Chinese market. Technically, the RSI is approaching overbought territory at 63.9, while the MACD remains below the signal line. Despite a 3.5% gain in the last 24 hours, momentum is showing signs of weakening. In the short term, profit-taking may occur due to this news, but the downside is expected to be limited.

The news increases the threat of restrictions on exports of advanced chips, which are TSMC's main source of revenue. Technically, the price closed below the 20-day moving average (421.26) and the MACD has fallen below the signal line. Although the RSI is in neutral territory at 51.5, momentum is weakening. In the short term, this geopolitical risk could increase selling pressure.