Cerebras Aims for Post-IPO Recovery with New Chip
📊 NVDA — Piyasa Yorumu
▼ down · 60%The headline is not directly related to NVDA, but a rival AI chip maker's post-IPO recovery target could intensify competition concerns in the sector. Technical indicators are weak: the price is below both the SMA20 and SMA50, the RSI at 36.7 is near oversold territory, and the MACD is negative. A decline of 2.58% over the last 24 hours indicates negative short-term momentum. Therefore, a downward move within 1-3 days is highly likely, though the decline may be limited as the stock approaches oversold conditions.
📊 AMD — Piyasa Yorumu
▼ down · 60%AMD's short-term technical outlook is weak, with the price trading below both the 20-day and 50-day moving averages. The RSI is in negative territory at 42.7, and the MACD is below the signal line and negative, confirming downward momentum. Cerebras' new chip news could pose a direct threat to AMD, as it may increase competitive pressure. The 1.17% decline over the last 24 hours indicates continued selling pressure. Therefore, the price is likely to maintain its downward trend in the short term, but since it has not approached oversold territory, buying on dips may remain limited.