STMicro Raises Data Center Revenue Target on AI Demand, Shares Hit 25-Year High
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%The news indicates that rising demand for artificial intelligence is positively impacting data center revenues, though this development is more relevant for STMicro than directly for GOOGL. GOOGL's technical indicators are weak: RSI at 32.6 is near oversold territory, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. A decline of 4.1% has occurred in the last 24 hours. While AI news may support sector stocks in the short term, GOOGL's current technical structure does not provide sufficient signals for a recovery. Therefore, a neutral view is appropriate due to directional uncertainty.
📊 STM — Piyasa Yorumu
▲ up · 65%The news indicates that STMicro has raised its data center revenue target due to artificial intelligence demand, with shares reaching a 25-year high. This positive development could generate short-term buying interest in the stock. Among technical indicators, the RSI stands at 53.5, in neutral territory, while the MACD remains positive but below the signal line. The price is just below the SMA20 and above the SMA50, suggesting short-term upside potential. However, as the stock is at a 25-year high, profit-taking may occur, so the upside expectation should be approached with caution.