Global AI Stocks Sell Off as Nvidia Crisis Deepens

The sell-off in AI stocks triggered by Nvidia could also pressure GOOGL in the short term; however, GOOGL's position in the AI narrative may provide partial support. Technical indicators remain positive: the price is above SMA20 and SMA50, RSI at 63 is near overbought territory but not yet there, and MACD is above its signal line. After a 3.3% rise in 24 hours, the risk of profit-taking has increased. Since the news flow could reduce risk appetite across the sector, downward pressure is more likely over the next 1-3 days, but the strong technical foundation may limit a sharp decline.

NVDA dropped 15.6% in 24 hours to 158.74 and is trading below its SMA20 (172.7) and SMA50 (186.1); the trend is clearly downward. RSI14 at 24.6 is in oversold territory, increasing the likelihood of short-term rebound buying, but MACD is negative and below the signal line, so momentum remains weak. The news headline points to a selloff in global AI stocks; such broad-based risk aversion could create additional pressure on NVDA. Due to the oversold condition, part of the sharp decline may already be priced in; therefore, although the direction is down, I maintain medium confidence. A volatile and weak course is expected over the next 1-3 days, with selling pressure continuing after a possible short-lived rebound.

AMD has sharply risen over 26% in the last 24 hours and entered overbought territory with an RSI of 71; such rapid rallies are prone to profit-taking. News of a sell-off in global AI stocks originating from Nvidia could disrupt sector sentiment and create short-term pressure on AMD. Although MACD is positive and the price is above SMA20/SMA50, overheated momentum increases the risk of a pullback. Nevertheless, due to the strong trend structure, the decline is likely to remain limited; therefore, I maintain a medium confidence level. In the 1-3 day outlook, a slight downward correction can be expected.

AVGO has climbed 23% over the past 24 hours to reach the 361 level, with its RSI14 at 72, placing it in overbought territory. News of a global selloff in AI stocks stemming from Nvidia could trigger short-term profit-taking. Although MACD remains in positive territory, momentum being near its peak raises the risk of a pullback. While the price trading above the SMA20 and SMA50 supports the medium-term trend, downward pressure is possible over the 1-3 day outlook. Still, forecasting a definitive decline based on a single news headline is difficult; volatility may be high.