Core Scientific Signs AI Infrastructure Deal with AMD
📊 AMD — Piyasa Yorumu
■ neutral · 60%While the news is a positive development strengthening AMD's position in AI infrastructure, the stock experienced a sharp decline of 10.7% in the last 24 hours, with technical indicators showing weakness. The RSI is approaching oversold territory at 38.45, the MACD is issuing a sell signal, and the price is trading below both the 20-day and 50-day moving averages. In the short term, the positive impact of the news may offset the current technical pressure, but further price confirmation is needed to determine a clear direction.
📊 COR — Piyasa Yorumu
▲ up · 65%The news indicates that Core Scientific has taken a strategic step towards artificial intelligence infrastructure, which could serve as a positive catalyst for the stock. Technical indicators also support this view: the RSI 14 at 59.6 is in neutral territory but trending upward, while the MACD is above the signal line, signaling positive momentum. The stock price is trading above its 20- and 50-day moving averages, confirming a short-term uptrend. However, following a 2.8% gain in the last 24 hours, some profit-taking may occur in the near term, tempering the bullish outlook with cautious optimism.