Samsung Earnings Trigger Chip Sell-Off: Intel and Applied Materials Drop 10%, AMD Loses 8%
📊 INTC — Piyasa Yorumu
▼ down · 85%Intel shares experienced a sharp decline of 21%, triggered by Samsung's weak earnings report which sparked a sell-off in chip stocks. Technical indicators also support this negative outlook: the RSI is at 25.8, indicating oversold conditions; the MACD is below the signal line; and the price is well below both the 20-day and 50-day moving averages. While a short-term recovery is unlikely, the pace of the decline may slow due to oversold conditions. Investors should remain cautious given the broad selling pressure in the sector and company-specific weaknesses.
📊 AMAT — Piyasa Yorumu
▼ down · 75%The news headline confirms selling pressure in the chip sector, with Applied Materials (AMAT) and other industry players experiencing sharp declines. Technical indicators support this downturn: RSI at 25 indicates oversold territory, MACD is below the signal line, and the price is well below both the 20-day and 50-day moving averages. Selling pressure is likely to persist in the short term, though oversold conditions may trigger some bargain buying. However, given the negative momentum, the downtrend is expected to continue for a few more days.
📊 AMD — Piyasa Yorumu
▼ down · 70%The headline indicates a general selling pressure in the chip sector, with AMD also affected by this downturn. Technical indicators support this view: although the RSI at 36 is approaching oversold territory, the MACD is below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages, signaling short-term weakness. The 12.8% decline in the last 24 hours highlights the intensity of the selling pressure. A short-term recovery appears unlikely, though the pace of decline may slow due to oversold conditions.
📊 NVDA — Piyasa Yorumu
▼ down · 70%The headline indicates broad selling pressure in the chip sector. NVDA's technical indicators are already weak: RSI at 40 is near the sell zone, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 3.5% decline in the last 24 hours, combined with negative news flow, suggests a high probability of continued downward pressure in the short term. However, since the stock has not yet entered oversold territory, the pace of the decline may remain limited.