Nvidia and Amkor Sign $1.5 Billion Chip Packaging Deal
📊 NVDA — Piyasa Yorumu
▲ up · 65%Nvidia's signing of a $1.5 billion chip packaging agreement with Amkor is viewed as a positive step toward strengthening the company's supply chain and increasing production capacity. On the technical indicators, the RSI stands at 50.5, in neutral territory, while the MACD remains below the signal line but retains a positive value. The stock is trading just below its 20-day moving average (209.16), but remains above the 50-day average (207.63), indicating medium-term support. The 2.15% rise over the past 24 hours suggests the news has been well received. In the short term, this development is expected to have a modest upward impact on the stock.
📊 GOOGL — Piyasa Yorumu
▼ down · 70%GOOGL shares fell 9.8% in the last 24 hours, closing at $317.65. Despite the RSI entering oversold territory at 20.7, the MACD continues to issue a sell signal. The price is trading well below the 20-day simple moving average of $337.48 and the 50-day average of $350.24. While news headlines highlight the agreement between Nvidia and Amkor, it does not contain a direct catalyst for GOOGL and fails to offset the current technical weakness. The likelihood of a continued short-term downtrend remains high.