AMD Shares Rise on AI-Powered Data Center Strength

The news is not directly about GOOGL but about AMD; there is an indirect impact through sector sentiment. GOOGL's technical picture is weak: the price is below SMA20 and SMA50, MACD is in negative territory, and RSI at 36 indicates seller pressure. The AI data center theme could create a slightly positive atmosphere for GOOGL, but current momentum is downward. A sideways-to-downward trend is more likely in the short term; the news alone is not sufficient for a direction change. I remain neutral in the 1-3 day outlook, and a close above SMA20 should be monitored for confirmation.

AMD shares have experienced a sharp decline of over 14% in the last 24 hours, with the RSI at 36 approaching oversold territory. Although the MACD remains in negative territory, it is trading above its signal line, providing a weak recovery signal. Positive news regarding AI-powered data center power could trigger short-term bargain buying. However, with the price still below the SMA20 and SMA50, the sustainability of any rally is uncertain. Therefore, I expect a moderate upward reaction in the 1-3 day outlook, with a medium confidence level.

The news is directly about AMD, not NVDA; sector sentiment may have a slight positive reflection on NVDA, but the impact is limited. NVDA is down 2.9% in 24 hours, holding around SMA20 (205.86), with weak performance below SMA50 (211.64). RSI is in neutral territory at 45, MACD is negative but above the signal line; short-term momentum is uncertain. The news alone is unlikely to create a 1-3 day direction; sector news flow and overall risk appetite will be decisive.