Chips Smuggled from US Used in Chinese Universities: Nvidia CEO Called to Testify
📊 NVDA — Piyasa Yorumu
▼ down · 55%The news points to export control/regulatory risk, indicating that Nvidia chips were smuggled from the US and used at Chinese universities, and that the CEO has been called to testify. Such headlines can create geopolitical and regulatory uncertainty in the short term, generating selling pressure. However, the price has already fallen more than 7% in 24 hours and the RSI at 41 is close to oversold territory; this suggests that part of the decline may already be priced in. The MACD is in negative territory and above the signal line (a recovery signal), and there is support around the SMA20; this technical picture does not fully support a sharp decline. Therefore, I assess the direction as downward-biased but with low-to-medium confidence; the fact that the news contains no concrete sanctions or legal outcomes may limit its impact.
📊 GOOGL — Piyasa Yorumu
■ neutral · 35%The news directly targets Nvidia, not GOOGL; no concrete impact on Google's chip supply chain or China operations is indicated. The technical picture is slightly positive: the price is above SMA20 and SMA50, RSI at 59 is far from overbought territory, and MACD is above its signal line. However, news themed around geopolitics/export controls could weigh on risk appetite across the sector. Therefore, a neutral, slightly volatile course is expected for GOOGL in the short term; the likelihood of the news being a direct price catalyst is low.