OpenAI Raises $11 Billion at $1.25 Trillion Valuation

OpenAI's $11 billion fundraising at a $1.25 trillion valuation strengthens MSFT's AI narrative through its OpenAI partnership and could be a positive catalyst in the short term. However, the price is currently below the SMA20 (542.7) and in a weak momentum zone with an RSI of 44; MACD is below the signal line. The 2% rise in the last 24 hours may have partially priced in the news. Therefore, I see the direction as slightly positive, but confirmation requires a close above the SMA20 and MACD recovery. I maintain a medium confidence level.

NVDA has experienced a sharp decline of over 10% in the last 24 hours, with its RSI at 36 approaching oversold territory. The MACD is in negative territory and the price is trading below both the SMA20 and SMA50, indicating a weak short-term trend. OpenAI's raising of $11 billion in investment at a $1.25 trillion valuation signals continued AI spending, providing an indirect demand signal for NVDA. However, this news is not a direct catalyst for NVDA, and rebound buying after the sharp sell-off may be limited. While oversold conditions increase the likelihood of a short-term technical recovery, uncertainty remains high, so the direction is assessed as neutral.