How AI Chip Giants Reshaped Asian Stock Selection
📊 GOOGL — Piyasa Yorumu
▲ up · 60%GOOGL shares rose 1.2% in the last close and are trading above the 20-day moving average. The RSI is at 48, indicating a neutral zone, while the MACD has crossed above the signal line, potentially signaling short-term upward momentum. Although news headlines focus on AI chip giants, Google's strong position in AI could be indirectly perceived as positive. However, the 50-day moving average still poses resistance above, limiting the upside risk.
📊 NVDA — Piyasa Yorumu
▼ down · 70%NVIDIA (NVDA) shares have declined 8% in the last 24 hours, falling to $205.10. Although the RSI has entered oversold territory at 28.29, the MACD continues to give a sell signal, and the stock is trading below both its 20-day (213.67) and 50-day (216.69) moving averages. While news headlines suggest that AI chip giants are shifting their Asian equity picks, this could have a short-term negative impact on NVDA. The weakness in technical indicators and negative momentum despite being in oversold territory suggest that the decline may continue. Therefore, further downside movement is expected in the short term.
📊 AMD — Piyasa Yorumu
▼ down · 70%AMD shares have declined 9.6% in the last 24 hours, falling to $466.38. Although the RSI has entered oversold territory at 28, the MACD indicator remains in negative territory and below the signal line, suggesting that selling pressure may persist in the short term. The price is trading well below the 20- and 50-day moving averages ($511-$512), confirming a weak technical outlook. While news headlines focus on shifts in the AI chip sector, AMD's current technical indicators suggest the downtrend could continue in the near term.
📊 TSM — Piyasa Yorumu
▼ down · 70%TSM shares fell 6.6% in the last close to 415.23, trading well below its 20-day and 50-day moving averages (434.73 and 433.07, respectively). While the RSI at 28.6 has entered oversold territory, the MACD line remains below the signal line and in negative territory, confirming weak short-term momentum. Although headlines suggest AI chip giants are shifting Asian stock picks, TSM's sharp decline and deteriorating technical indicators point to continued downward pressure in the near term. Oversold conditions could trigger a bounce, but the current technical structure remains bearish.