Cerebras Shares Rise as Wall Street Brokerages Back AI Chip Strategy
📊 NVDA — Piyasa Yorumu
▼ down · 70%NVDA shares have fallen 8% in the last 24 hours, with the RSI entering oversold territory at 28. The MACD is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages, further weakening the technical outlook. The rise in Cerebras shares in the news headlines does not provide direct support for NVDA, and positive news from a rival AI chip company could put pressure on NVDA. The downtrend is expected to continue in the short term.
📊 AMD — Piyasa Yorumu
▼ down · 70%AMD shares fell 9.6% in the last 24 hours to $466.38, with the RSI entering oversold territory at 28. The MACD line is well below the signal line and in negative territory, indicating weak short-term momentum. The price is trading significantly below the 20-day and 50-day moving averages ($511.56 and $512.46, respectively). The rise in Cerebras shares and positive news regarding AI chip strategy do not provide direct support to AMD; instead, they may heighten competition concerns. Although technical indicators signal oversold conditions, the downtrend and negative momentum suggest limited potential for a short-term recovery.
📊 ARM — Piyasa Yorumu
▼ down · 70%ARM shares have lost 15.5% in the last 24 hours, with the RSI approaching oversold territory at 32.4. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages, which paints a negative technical outlook. Positive news regarding Cerebras does not appear to have directly impacted ARM, so the downward trend is expected to continue in the short term.
📊 AVGO — Piyasa Yorumu
▼ down · 70%AVGO shares have lost 18.5% in the last 24 hours, closing at $385.73. Despite the RSI being in oversold territory at 25.7, the MACD line remains below the signal line and in negative territory. Trading well below the 20-day and 50-day moving averages ($428.5 and $441.9, respectively) indicates a continued short-term bearish trend. Positive news regarding Cerebras does not directly support Broadcom's own AI chip strategy and is insufficient to offset the current technical weakness. Therefore, the bearish trend is expected to persist in the short term.