Nvidia Reduces Data Center Guarantee for OpenAI

The headline indicates that Nvidia has reduced its guarantee for OpenAI's data center, which could signal weakening demand from a major client and create negative sentiment for the stock. Technically, the RSI is neutral at 58, while the MACD remains below the signal line. Although the price is above both the SMA20 and SMA50, momentum is fading. Despite a 4% gain in the last 24 hours, the news may trigger short-term profit-taking. Therefore, the probability of a downward move over a 1-3 day horizon appears moderate.

Nvidia's reduction of its OpenAI data center guarantee could intensify concerns over AI infrastructure spending and negatively impact technology stocks such as GOOGL. On the technical front, the RSI at 45 signals weak momentum, while the MACD remains in negative territory but above its signal line. The price is currently just above the SMA20 and below the SMA50. In the short term, the price may attempt to hold within the 344-346 range; however, the news flow and weak technical structure could exert downward pressure. Therefore, the probability of a limited decline over a 1-3 day horizon is considered moderate.