Nvidia Shakeup Brings Gain Expectations for AMD, Broadcom, and Alphabet

NVDA closed near its SMA20 (173.5) after a sharp 7.2% drop in 24 hours and remains clearly below its SMA50 (187); the short-term trend is weak. RSI at 41 is in neutral-to-weak territory, and MACD, though above its signal line, remains negative; momentum is not signaling a recovery. The news headline implies that the turmoil in NVDA is creating earnings expectations for competitors, a mildly negative catalyst suggesting capital may rotate away from NVDA within the sector. However, price is holding above SMA20 and is not oversold, so the downside expectation is moderate. Whether the 170-173 band is broken in the next 1-3 days will be decisive for direction.

AVGO is trading above its SMA20 and SMA50 following a strong 24-hour rally of 18%; MACD is above the signal line and RSI at 63 is approaching overbought territory. The news implies that turmoil at Nvidia has created earnings expectations for competitors; such rotation news could provide positive flows for Broadcom in the short term. However, the risk of profit-taking after the sharp rise and the RSI nearing 70 may limit upside potential. Therefore, while I see the direction as upward, I maintain medium confidence; a volatile but slightly positive trend is expected over the next 1-3 days.

The news implies that the turmoil in Nvidia has created earnings expectations for competitors and AI chip buyers; for Alphabet, this could be a positive read on AI infrastructure spending. The technical picture is also supportive: the price is above the SMA20 and SMA50, the RSI at 59 is far from overbought territory, and the MACD is above its signal line. The 24-hour 2.7% rise indicates that momentum is continuing, but since the news impact is indirect, it may remain limited in the short term. Still, if volatility originating from Nvidia spreads across the sector, the direction could become unclear; therefore, confidence should be kept at a moderate level.

The news implies that the turbulence at Nvidia has sparked earnings expectations for AMD, and such rotation stories may be perceived favorably for AMD in the short term. However, the stock has already surged 24% on the day to $552.96, with an RSI of 66.6 approaching over‑bought territory, suggesting that further upside may be limited. The price remains above the MACD signal line and above both the SMA20 and SMA50, confirming a strong trend. Nonetheless, the lack of a concrete, AMD‑specific catalyst and the uncertainty stemming from Nvidia mean I keep confidence at a moderate level. I anticipate a modest short‑term positive bias, but the risk of profit‑taking should not be overlooked.