Google's AI Chip Business Grows: Why Gemini 4 Matters More

The news headline highlights the growth of Google's artificial intelligence chip business and the significance of Gemini 4, which can be perceived as a positive development that strengthens the company's technological leadership. In terms of technical indicators, the price is above the 20-day and 50-day moving averages, and the RSI is in neutral territory at 52.5, while the MACD is in positive territory, albeit just below the signal line. In the short term, this news could support the current upward momentum and increase the likelihood of the price moving toward the 347-350 resistance zone. However, the MACD being below the signal line and the possibility that the news may already be priced in could limit the upside. Therefore, with cautious optimism, the direction is upward, with a medium level of confidence.

The news headline underscores Google's growth in the AI chip business and the significance of Gemini 4, which can be perceived as a positive development reinforcing the company's technological leadership. In terms of technical indicators, the price is above the 20-day and 50-day moving averages, with the RSI in neutral territory and the MACD near its signal line but positive, suggesting that upward momentum persists in the short term. The 1.4% increase over the last 24 hours indicates continued buying interest. However, the MACD approaching below the signal line and the RSI not being in overbought territory suggest that the rally may be limited. Therefore, a slight upward movement can be expected in the short term, but stronger catalysts may be needed for a significant breakout.

The news headline focuses on Google's AI chip business, which could create competitive pressure for NVDA. In technical indicators, the price is below the SMA20 and SMA50, and the RSI at 40 indicates weakness. The MACD is in negative territory and below the signal line, suggesting downward short-term momentum. A 2.9% decline in the last 24 hours suggests that selling pressure may continue. However, since it is not in the oversold region, the decline is expected to remain limited.