AMD Deepens AI Inference Investment with Taalas Deal

GOOGL has lost 4.2% over the last 24 hours, with the price falling below the 20-day moving average (367.6). The RSI at 40.4 indicates weak momentum, while the MACD remains below the signal line and in negative territory, suggesting sustained short-term pressure. Although the headline focuses on AMD's AI investment, it does not contain a direct negative catalyst for GOOGL; however, due to competitive perceptions in the sector and a weak technical outlook, the likelihood of continued downward movement in the short term is high. The price is approaching the 50-day moving average (356.6), which could be tested as support, but a break below this level could lead to a deeper correction. Overall, based on current data, selling pressure is expected to persist over a 1-3 day horizon.

AMD's deepening investment in AI inference through the Taalas deal can be seen as a positive signal for the company's growth potential. On the technical indicators, the RSI at 47.9 is in neutral territory, the MACD is negative, and the price is below the SMA20 but above the SMA50, painting a mixed short-term picture. The news flow and AI-themed optimism could bring short-term buying pressure to the stock. However, with the price at 489.67 and the SMA20 at 499.47 acting as resistance, any upside may be limited. Overall, a slight upward move can be expected on the positive news, but further confirmation is needed for a strong trend reversal.

The news indicates that AMD is deepening its investment in AI inference, which is not a direct negative signal for NVDA but points to increasing competition. On the technical indicators, RSI at 63 is approaching overbought territory, while MACD remains below the signal line, potentially indicating weakening short-term momentum. The price is above the SMA20 and has risen 5.4% in the last 24 hours, but consolidation is possible after this rally. As the headline emphasizes sectoral competition, it does not provide a clear catalyst for NVDA's short-term direction. Therefore, my direction forecast is neutral, with a moderate confidence level.

Although the news centers on AMD, it points to intensifying competition in the AI inference space, which could influence investor sentiment across the sector. AVGO's technical indicators paint a mixed picture: the RSI at 60 is not in overbought territory, but the MACD is below its signal line and the price sits just under the SMA20. The strong 7.7% rise over the last 24 hours may represent short-term bargain buying, yet there is no clear catalyst to sustain momentum. Therefore, the news is not expected to have a pronounced directional impact on AVGO directly, with the price more likely to consolidate at current levels.