Turing Reduces Nvidia Dependency, Adopts AMD for AI Training
📊 NVDA — Piyasa Yorumu
▼ down · 60%The news indicates that a major customer has switched from Nvidia to AMD, reducing dependency. This could be perceived as a threat to Nvidia's dominance in the AI market. Technical indicators present a neutral outlook; RSI is at 53, and MACD is below zero but approaching the signal line. In the short term, the negative impact of this news, combined with the weakness in the technical picture, increases the likelihood of a downward move.
📊 AMD — Piyasa Yorumu
▼ down · 65%Although the headline suggests Turing's move to reduce its reliance on Nvidia and pivot toward AMD is positive, technical indicators paint a weak short-term picture. The stock has lost 6% in the last 24 hours, with the RSI at 42.6 approaching the sell zone, and the MACD trending negatively below the signal line. The price is trading below both the 20-day and 50-day moving averages, confirming downward short-term momentum. While the news may be positive in the medium to long term, the current technical structure and sharp decline make it more likely that the downtrend will continue over the next 1-3 days.