Eliyan Raises $145M to Solve AI Chip Data Bottlenecks

While the news reflects growing investment appetite in the AI chip sector, it is not a direct development for NVDA. Technical indicators are weak: the price is below the 20- and 50-day moving averages, the RSI is near 40, and the MACD is negative below zero. A 5.6% decline in the last 24 hours confirms short-term selling pressure. Although the news is positive, the technical picture does not provide sufficient signals for a recovery, so near-term direction may remain uncertain.

AMD shares experienced a sharp decline of over 15% in the last 24 hours, falling to $454.85. While the RSI at 33.4 approaches oversold territory, the MACD line remains below the signal line and in negative territory. Trading well below the 20-day and 50-day moving averages ($489 and $517, respectively) suggests continued short-term pressure. Investment in a startup addressing AI chip data bottlenecks, which is a direct competitor to AMD, could intensify sector competition and create additional selling pressure on AMD stock. Therefore, the downtrend is expected to persist in the near term.

While the news reflects strong investment appetite for the AI chip sector, its direct impact on AVGO is limited. On the technical side, the RSI stands at 47, indicating neutral territory, while the MACD is below the signal line but with a narrowing gap. The price is trading below both the 20-day and 50-day moving averages, and has declined 2.4% in the last 24 hours. No clear directional signal has emerged in the short term, and consolidation at current levels can be expected.

ARM shares fell 12.3% in the last 24 hours to $244.74. Although the RSI at 34.3 is approaching oversold territory, the MACD line remains below the signal line and in negative territory. Trading below the 20- and 50-day moving averages suggests that short-term pressure may persist. While Eliyan's investment news regarding AI chip data bottlenecks is positive for the sector, ARM's current technical weakness and selling pressure may limit this positive impact. The downtrend is likely to continue over the next 1-3 days.