Intel and Google Deepen AI Collaboration in Chip Design

While news of Intel and Google's artificial intelligence chip partnership may be a potential growth signal for Google, current technical indicators (RSI 33, negative MACD, price below 20 and 50 SMA) suggest downward pressure in the short term. The 3% decline over the past 24 hours also supports this trend. In the 1-3 day period, the positive impact of the news may be balanced by technical resistance, so a clear uptrend is not expected. Investors should be cautious of short-term fluctuations and monitor technical levels. No major movement is expected in the market during this period.

The deepening collaboration in chip design between Intel and Google, focusing on artificial intelligence, could enhance the company's future growth potential. The RSI14 indicator stands at 35.55, suggesting the stock is oversold. The MACD and MACD signal lines are also moving downward, but this collaboration news is expected to positively impact the stock price in the short term. The 12% decline over the past 24 hours may attract buyers. However, it is important to consider the long-term trend and other fundamental factors.

Although the news points to a positive collaboration for Google, technical indicators paint a weak picture in the short term. The price is trading below both the 20-day and 50-day moving averages, and the RSI at 34 is approaching oversold territory. The MACD line is below the signal line and in negative territory, indicating downward momentum. The 2.55% decline in the last 24 hours reveals continued selling pressure. Therefore, the positive impact of the news may not offset the technical weakness, and the price is expected to trade sideways in the short term.

NVDA shares fell 4.3% in the last session to 202.64. Although the RSI at 38.7 is approaching oversold territory, it has not yet given a recovery signal. The MACD line remains below the signal line and in negative territory, confirming weak momentum. The price is trading below both the 20-day and 50-day moving averages. While the Intel-Google partnership news is not directly negative for NVDA, the current technical outlook suggests that the downtrend may continue in the short term.