🔴 CHPX is trading 1.76% down in pre-market as semiconductor stocks fell on AI-spending concerns

CHPX is trading 1.76% down now at $90.79 after a weak pre-market session across semiconductor stocks tied to AI-spending concerns.

• Sandisk, Seagate, Coherent, and Micron were reported lower, pressuring CHPX’s chip-heavy portfolio.
• CHPX has substantial exposure to Micron, Taiwan Semiconductor, NVIDIA, and Broadcom.
• STMicroelectronics’ third 2026 price increase signals strong demand but does not provide a company-specific catalyst for CHPX.