Nvidia to Invest $3.5 Billion in MediaTek

Nvidia's $3.5 billion investment in MediaTek can be perceived as a positive signal, reinforcing the company's strategic partnerships and solidifying its position in the AI ecosystem. On the technical indicators, the RSI at 51 is in neutral territory, while the MACD is below the signal line but positive, suggesting a sideways movement in the short term. The price is slightly below the 20-day moving average but above the 50-day average, supporting that the medium-term trend remains upward. The 4.35% increase over the last 24 hours may partially reflect the positive impact of the news, so additional upside potential may be limited. Overall, a slight upward movement can be expected in the short term, but excessive optimism should be avoided.

GOOGL shares are exhibiting a weak short-term technical picture, with the price trading below both the 20-day and 50-day moving averages, and the RSI at 38, nearing oversold territory. The MACD is negative and below its signal line, confirming downward momentum. While Nvidia's investment in MediaTek does not directly impact Google, this move in the chip and AI competitive landscape could divert sector attention and reinforce a cautious tone across technology stocks. In the near term, the price is likely to test support at $338; a break below this level could lead to further declines. However, given the limited direct impact on the company's fundamentals, I express my bearish outlook with moderate confidence.

Nvidia's investment in MediaTek could increase demand for ARM's chip design licenses, potentially serving as a positive catalyst for the stock. Although technical indicators are weak (RSI at 37, MACD negative), the news flow could create buying pressure in the short term. The price is below the SMA20 and SMA50, but there is potential for a rebound from these levels. The limited decline in the last close may indicate that selling pressure is easing. Therefore, an upward movement could be expected over a 1-3 day period due to the news, but confirmation is required for a strong trend reversal.