OpenAI Claims Its New Chip Outperforms Nvidia's Blackwell

The headline that OpenAI claims its own chip surpasses Nvidia's Blackwell architecture could create a perception of a threat to Nvidia's market dominance. In technical indicators, the RSI is in neutral territory at 47.8, while the MACD is negative but approaching the signal line, indicating weak momentum. The price is attempting to hold just above the SMA20 (212.98 vs 212.19), but remaining below the SMA50 (217.12) suggests medium-term pressure. A 1.82% decline in the last 24 hours suggests that selling pressure may continue due to the news. In the short term, this negative news and technical weakness increase the likelihood of the price testing the SMA20 support.

The news includes claims that OpenAI's custom chip has surpassed Nvidia's product, which could be interpreted as an indirect positive development for AMD, as the search for alternatives to Nvidia's market dominance may create opportunities for AMD as well. In technical indicators, RSI is at 59.8, in neutral territory, while MACD is positive and above the signal line, indicating short-term upward momentum. The price is above the SMA20 and SMA50, but the latest close at 479.25 is near the SMA50 (476.2), suggesting we are in a resistance zone. The 3.7% increase in the last 24 hours shows strong buying interest, but the direct impact of the news on AMD may remain limited. Therefore, an upward movement can be expected in the short term, but excessive optimism should be avoided.