CHAT is trading 5.1% down today as semiconductor and AI-linked stocks extend a multi-day decline driven by valuation worries and massive new capex plans.
- Hawkish Federal Reserve commentary has heightened interest rate concerns, further pressuring long-duration growth assets.
- Geopolitical tensions and higher oil prices are dampening risk appetite, reinforcing a sector-wide pullback in advanced chips and AI infrastructure names that dominate the portfolio.