Nvidia H200 Chips Reach China in Small Shipments

Reports indicate that Nvidia has started shipping H200 chips to China, but in limited quantities, suggesting geopolitical restrictions have not been fully lifted and potentially capping growth expectations. Technical indicators remain weak: the price is below both the 20-day and 50-day SMAs, the RSI at 36.7 is near oversold territory, and the MACD is negative, confirming downward momentum. A 2.58% decline over the past 24 hours points to continued short-term pressure. While the news appears positive, the phrase 'small shipments' falls short of market expectations for a significant sales surge, so the bearish trend may persist in the near term. However, given the lack of a definitive signal, confidence is maintained at a moderate level.

The news that Nvidia is shipping H200 chips to China has no direct impact on GOOGL, but it may indicate continued demand for AI infrastructure. Technical indicators are mixed: RSI at 45 is in neutral territory, and MACD is below the signal line, though negative values are narrowing, suggesting weak momentum. The price is just below the SMA20 and significantly below the SMA50, creating short-term resistance. Despite a slight decline over the past 24 hours and an overall downward trend, the positive sector sentiment from the news and support at current levels limit expectations of a sharp drop. Therefore, a sideways movement can be expected in the short term.

AMD's stock fell 1.17% over the last 24 hours, closing at $484.67, with the RSI at 42.7 indicating weak momentum. The MACD is in negative territory and below the signal line, suggesting that short-term selling pressure may persist. The price is trading below both the 20-day and 50-day moving averages, which paints a negative technical outlook. Although news of Nvidia's H200 chips reaching China has no direct negative impact on AMD, sector competition and uncertainties surrounding AI chip demand could weigh on the stock. In the short term, the price is likely to test the support zone of $480-485; however, if it fails to hold this level, a deeper correction may occur.

TSM shares have fallen 4.5% over the past 24 hours, with the RSI at 33.3, nearing oversold conditions. The MACD is in negative territory and below the signal line, indicating weak short-term momentum. While the arrival of Nvidia H200 chips in small shipments to China is a positive signal for AI demand, it is putting pressure on TSM's current technical outlook. The price is below both the 20-day and 50-day moving averages, suggesting that selling pressure may persist. In the short term, the downtrend is likely to continue, but the RSI approaching oversold levels could set the stage for a potential rebound buying.