New Wave of Semiconductor Investment in the US

While the headline offers a positive long-term outlook for the sector, TSMC (TSM) has lost 2.67% in the last 24 hours, with the RSI retreating to 41, indicating short-term weakness. The MACD is in negative territory and below the signal line, suggesting downward momentum. The price is trading below both the 20-day and 50-day moving averages, which weighs on the technical picture. The investment wave news may fail to provide immediate support to the stock, so the downtrend could persist in the near term.

Although the news headline is positive for the sector, NVIDIA's (NVDA) 3.78% decline over the past 24 hours and the MACD remaining below its signal line indicate short-term weakness. The RSI at 45.76 is in neutral territory, but the price trading below the SMA20 suggests negative momentum. The investment wave news may provide long-term support, but in the short term, technical indicators highlight downward pressure. Therefore, a bearish trend is expected over the 1-3 day horizon, though the decline is likely to be limited.

Although the news headline presents a positive long-term outlook for the sector, AMD's current technical indicators point to short-term weakness. The price is trading below the 20-day and 50-day moving averages, and the MACD is in negative territory, suggesting that selling pressure may persist. The RSI at 42 is in neutral territory but reflects downward momentum. The 2.25% decline over the last 24 hours confirms a negative overall market sentiment. Therefore, the positive impact of the news may be limited, and the price is likely to continue its downward trend in the short term.

AMAT shares have dropped 6.9% over the last 24 hours, with the RSI entering oversold territory at 29.5. The MACD is in negative territory and below the signal line, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages, which paints a negative technical outlook. Although the news headline mentions an investment wave in the sector, which is generally perceived as positive, the current technical weakness and selling pressure may persist in the short term. However, given the oversold conditions, the possibility of a rebound buying opportunity should not be ruled out. Therefore, the direction is bearish, but the confidence level is maintained at moderate.