CHAT is trading at $86.53 (+1.69%) as technology shares outperform, supported by broader Nasdaq strength and optimism around potential U.S. memory-chip manufacturing cooperation between Intel and SK Hynix.
- Reports said the companies are exploring an Ohio facility arrangement, although discussions remain preliminary and SK Hynix confirmed no plans have been finalized.
- The move is partly offset by the 5% Treasury yield, stronger retail sales, elevated oil prices, and expectations for a Federal Reserve rate hike, keeping valuation-sensitive technology stocks volatile.