US Restricts China's Remote Access to AI Chips

The US restrictions on AI chip access to China could negatively affect NVDA's sales in the Chinese market. A 7% decline over 24 hours and MACD remaining in negative territory may create selling pressure in the short term. With RSI at 41, the stock is not in oversold territory, but the trend has turned downward. Over the next 1-3 days, the price is expected to remain below its 50-day moving average. Investors should consider the short-term downside risk.

The US restrictions on China's remote access to AI chips could create a favorable competitive environment for US chipmakers like AMD in the short term, as access to Chinese alternatives becomes harder while US chips become more valuable. However, such export restrictions may also limit sales in the Chinese market, making the impact two-sided. The stock has already shown strong momentum with a 24% daily gain, RSI at 66 approaching overbought territory, and price trading above SMA20/SMA50. MACD is in positive territory and above the signal line, with trend support intact. Since the net effect of the news is uncertain, I maintain a cautiously upward direction with moderate confidence.

TSM has risen over 10% in the last 24 hours, pushing its RSI to 67 and approaching overbought territory in the short term. The US restriction on China's access to remote AI chips could create uncertainty for the semiconductor supply chain and TSM's indirect sales channels to China. However, since TSM's main revenue comes from advanced nodes and US customers, the direct impact may be limited. MACD is in positive territory and the price is trading above SMA20/SMA50, indicating a risk of short-term profit-taking rather than a sharp decline. As the portion of the news not yet priced in is uncertain, the directional forecast is cautiously downward.

The US restriction on China's remote access to AI chips is increasing the perception of geopolitical risk for semiconductor equipment supplier ASML and could negatively affect the demand outlook from China. However, the stock has risen over 8% in the last 24 hours and the RSI at 57 is far from overbought territory, indicating a risk of short-term correction. The MACD is above its signal line and the price is trading above the SMA20/SMA50, so the technical picture remains positive. The impact of the news may be limited because the restrictions target remote chip access, not ASML's products directly. Nevertheless, due to uncertainty, I expect mild downward pressure in the short term.