Qualcomm Targets $15 Billion Revenue from Data Center AI Chips
📊 QCOM — Piyasa Yorumu
■ neutral · 60%Although the news presents a long-term positive vision with Qualcomm targeting $15 billion in revenue from data center AI chips, the stock has fallen 13.8% in the last 24 hours and technical indicators are weak. The RSI is approaching oversold territory at 36, while the MACD is negative and below the signal line, suggesting continued short-term pressure. The price is trading well below the 20-day and 50-day moving averages. Despite the positive news, the deterioration in the technical picture and the sharp decline mean short-term direction remains uncertain.
📊 GOOGL — Piyasa Yorumu
▼ down · 65%GOOGL shares have lost more than 6% in the last 24 hours, closing at $345.36. While the RSI at 37.3 approaches oversold territory, the MACD line remains below the signal line and in negative territory. Trading below the 20-day simple moving average ($347.41) and the 50-day simple moving average ($359.49) indicates short-term weakness. Qualcomm's target of $15 billion in revenue from data center AI chips could increase competition for Alphabet in cloud and AI, potentially adding further pressure on the stock. The short-term downtrend is likely to continue.