Mar. 25 at 4:42 AM
$SNPS +
$ARM teaming up to build data center CPUs — and hyperscalers are the target 👀
$ARM ripping +22% YTD at
$133.82, above both SMA20 (
$124.66) and SMA50 (
$119.41), RSI 62 with 1.58x relative volume — momentum is real.
$SNPS tells a different story:
$416.14, down 3.78% today, sitting -7.78% below SMA50 and RSI at 42.62 — deeply oversold setup on a bullish catalyst.
This directly pressures
$INTC and chips away at
$AMD's data center ambitions. Custom silicon demand from AWS, Google, Microsoft isn't slowing.
$SNPS EDA tools embedded in next-gen Arm chip workflows = compounding moat.
Watching
$SNPS for a reclaim of
$428 (SMA20).
$ARM holding SMA200 at
$138.19 is the key level to defend.
#Semiconductors #DataCenter #ChipStocks
