SK Hynix Controls Over Half of HBM Market, on Which Nvidia Depends
📊 NVDA — Piyasa Yorumu
▲ up · 65%The news highlights SK Hynix's dominance in the HBM market as a critical supplier to Nvidia. This could secure Nvidia's access to high-bandwidth memory essential for its AI chips. Technical indicators support the bullish trend: RSI at 66.5 is not near overbought territory, MACD is above the signal line, and the price is above both the 20-day and 50-day moving averages. The 4% increase in the last 24 hours confirms positive momentum. However, caution is advised to avoid excessive optimism in the short term.
📊 MU — Piyasa Yorumu
■ neutral · 60%Although the news highlights SK Hynix's dominance in the HBM market, it has not created a direct negative impact on MU. In technical indicators, the RSI at 54.7 is in neutral territory, while the MACD shows a positive outlook above the signal line. However, a 3.46% decline in the last 24 hours and the price remaining above the 20- and 50-day moving averages indicate short-term direction uncertainty. The market may perceive this news as slightly negative for MU's competitive position, but the technical structure does not yet signal a trend reversal.