SK Hynix CEO: Worst Memory Shortage in 2027, Demand to Outstrip Supply After 2030

Although the news points to supply constraints in the memory sector, it is not a direct positive catalyst for GOOGL stock. Technical indicators are weak: the price is below the 20- and 50-day moving averages, the RSI is neutral at 47, and the MACD is below zero and hovering near the signal line. A 3.4% decline in the last 24 hours indicates ongoing selling pressure. The short-term downtrend is likely to persist.

The news creates expectations of supply constraints and increased demand in the memory sector. Although MU shares rose 5.3%, the RSI at 47.7 remains neutral and the price is below the 20-day moving average. The MACD has given a new buy signal, but the short-term trend is not yet clear. While the news is positive, technical indicators offer cautious optimism.

The news highlights an expected supply squeeze in the memory sector, which is positive for companies producing AI chips such as NVDA. Technical indicators point to a strong uptrend: the RSI is approaching overbought territory at 72, but momentum continues, the MACD is above the signal line, and the price is above both the 20-day and 50-day moving averages. The 6.9% increase in the last 24 hours confirms the upward momentum. In the short term, the uptrend is expected to continue, although some consolidation is possible due to overbought conditions.

The news reflects expectations of supply constraints and rising demand in the memory sector. For AMD, which produces memory-intensive processors and GPUs, this could translate into increased pricing power and demand growth. Technically, the RSI at 61 is not yet in overbought territory, while the MACD remains positive above its signal line. The price is above both the 20-day and 50-day moving averages and has risen nearly 7% in the last 24 hours. Short-term momentum is likely to continue, though some profit-taking may occur after the recent rally.