Huang Investigation at Nvidia Sparks Management Change Debate on Wall Street

NVDA is already under strong selling pressure; a decline exceeding 10% in 24 hours and the price trading below SMA20/SMA50 indicate that the short-term trend is weak. Although RSI stands at 36, it has not yet entered oversold territory, meaning there is room for the decline to continue. MACD is in negative territory and below its signal line; momentum remains to the downside. The Huang investigation and discussion of management changes could create uncertainty and suppress risk appetite, which may deepen selling in the short term. However, given that the news is unconfirmed and part of the reaction selling has already occurred, one should not be overly aggressive; I expect downward pressure over the next 1-3 days.

The news directly targets Nvidia, not AMD; however, management-related uncertainty in the semiconductor sector could reduce risk appetite and sector-driven selling pressure may be reflected on AMD. AMD has already fallen 8.9% in 24 hours, with RSI at 45.8 in the neutral-weak zone, and the price is trading just below the SMA20 and significantly below the SMA50; MACD is in negative territory but above the signal line, indicating weakening downward momentum. Although short-term rebound buying may be seen, the sector news could limit upward movement. Therefore, for 1-3 days, I expect a slightly downward-biased, volatile course; since the news has a limited direct impact on AMD, confidence should be kept low.

ASML shares fell sharply by 8.6% in 24 hours to 1424.75 and are trading below both the SMA20 and SMA50, indicating a weak short-term trend. Although the RSI at 40 is near oversold territory, no reversal signal has yet emerged, and the MACD remains in negative territory while hovering above its signal line. News of an investigation into Nvidia's management could lead to a general decline in risk appetite in the semiconductor sector; ASML may also be affected by this negative sentiment due to supply chain links. However, since the news is not directly about ASML, the impact may be limited. In the short term, downward pressure may persist, but oversold conditions could also bring about rebound buying.

TSM shares fell sharply by 7.7% in 24 hours to 375.3 and are trading below the SMA20 (377.9); the short-term trend is weak. RSI at 42 is in the neutral-weak zone, and although MACD is negative and above the signal line, momentum does not signal a recovery. News of an investigation into Nvidia management could dampen risk appetite in the semiconductor sector and create additional selling pressure on TSM. However, since TSM's direct exposure to Nvidia is limited, the impact may be partial. In the 1-3 day outlook, downside risk is more pronounced, and levels below SMA20 should be watched as support.