Chip crisis at Stellantis: Fiat production disrupted in Italy, problems may last until December

The news of a production disruption at Stellantis due to the chip crisis is a negative catalyst in the short term; the interruption of Fiat production in Italy and indications that the strain could last until December increase margin and delivery risks. On the technical side, the price is above the SMA20 and SMA50, RSI is around 60 and slightly below the MACD signal line; meaning momentum is neutral-positive but there is a weakening signal. The limited decline (-0.63%) in the last 24 hours suggests the news has not yet been fully priced in. Therefore, I am turning the direction downward, but it is early to expect a strong selling wave; SMA20 (4.67) and SMA50 (4.40) should be monitored as support. New negative headlines in the news flow could confirm the downward direction.

GOOGL has already dropped sharply by 12.6% in the past 24 hours. Its RSI sits at 33.6, close to the oversold region, while the MACD remains in negative territory. The share price is below the 20‑period simple moving average (SMA20) of 286.6 and well below the 50‑period SMA (307.6), indicating a weak short‑term trend. Although the chip‑crisis narrative could revive concerns about the semiconductor supply chain, GOOGL’s direct exposure to the automotive sector is low, so any effect is likely to stay neutral. Oversold conditions may create a backdrop for reactionary buying, but there is no clear catalyst to drive a definitive directional move.

The news is not directly related to NVDA; while the chip supply issues at Stellantis may signal something for the automotive sector, it has only limited connection to NVDA's core business. The technical picture is weak: the price is below the SMA20 and SMA50, down more than 5% in 24 hours, and the RSI is at 40. The MACD is in negative territory but very close to the signal line, which may indicate weakening downward momentum. The short-term impact of the news is likely limited and indirect; the main determinant will be developments specific to NVDA. Therefore, a cautious and slightly bearish assessment is appropriate.

The news does not directly target AMD; Stellantis' chip supply issues send a mixed signal about semiconductor demand in the automotive sector. However, AMD stock is already under severe selling pressure: a 14% drop in 24 hours, RSI at 25 in oversold territory, and the price clearly below SMA20/SMA50. MACD is negative and below the signal line, indicating weak short-term momentum. Oversold conditions could set the stage for rebound buying; therefore, I maintain moderate confidence in the downside. Since the news has limited direct impact on AMD, uncertainty is high.