Nvidia to Expand Access to AI Hardware with Revenue Sharing Model

The news announces Nvidia's plan to expand access to its AI hardware through a revenue-sharing model. This is seen as a strategic move that could enhance the company's growth potential. Technical indicators also provide positive signals in the short term: the RSI is at 55, in neutral territory, the MACD line is above the signal line, and the price is above both the 20-day and 50-day moving averages. The 2.5% increase over the last 24 hours further supports the momentum. However, it is difficult to assign high confidence as the market's exact reaction to this news remains uncertain.

GOOGL shares have risen nearly 6% in the last 24 hours, with the RSI approaching overbought territory at 67. However, news that Nvidia is expanding access to its AI hardware through a revenue-sharing model is creating a positive atmosphere across the sector. This development could indirectly support Alphabet's cloud and AI investments. The MACD line remains above the signal line and in positive territory, confirming short-term momentum. Although the price is above both the 20-day and 50-day moving averages, the pace of the recent rally may increase the risk of a short-term correction. Therefore, the upside expectation is supported with moderate confidence.