CHAT is trading 1.9% up today as the information technology sector rebounds from recent semiconductor and AI-capex-driven weakness.
- Stronger Nasdaq and S&P 500 futures and optimism surrounding upcoming mega-cap tech earnings are lifting growth-oriented assets.
- Market sentiment is improving as fears regarding AI infrastructure spending and geopolitical tensions partially ease.
- The recovery is providing a lift to rate-sensitive tech stocks following several sessions of downward pressure.