CHPX is trading 2.5% down at $97.10 after China moved to halt helium exports and redirect supplies to domestic AI and chip production, pressuring global semiconductor supply chains.
- The export halt is creating a sector-wide shock for AI semiconductor and quantum computing firms reliant on specialized cooling materials.
- Broader market pressure is contributing to the decline, with weaker Nasdaq futures and a general risk-off sentiment in technology ahead of the U.S. open.