TSMC Posts 36% Revenue Growth in Q2 on AI Demand
📊 TSM — Piyasa Yorumu
▲ up · 60%TSMC’s 36% revenue growth in the second quarter due to AI demand may exert positive pressure on the stock price in the short term. However, technical indicators are currently in a downtrend; the price is below SMA20 and SMA50, and the MACD is in a negative position. Therefore, the potential for an uptrend may be limited. It is expected that the price will show a slight recovery within 1-3 days, but a significant movement is not anticipated.
📊 NVDA — Piyasa Yorumu
▲ up · 70%The news confirms strong demand for artificial intelligence, and the revenue growth of NVIDIA's key supplier TSMC is a positive signal for NVDA. Technical indicators also support this view: the price is above both the 20-day and 50-day moving averages, the RSI at 72 is near overbought territory but not yet extreme, and the MACD is positive above its signal line. However, the 6.9% rise in the last 24 hours and the elevated RSI increase the risk of some profit-taking or consolidation in the short term. Therefore, while the upward expectation is high, caution is warranted due to overbought signals.