CHPX is trading 4.1% up now at $92.85 as AI-focused semiconductor ETFs rebound alongside the broader chip complex.
- The recent sector sell-off tied to concerns over rich AI valuations appears to be easing, with investors rotating back into select chip and AI infrastructure names.
- Traders are repositioning in AI and quantum-exposed funds like CHPX ahead of upcoming quarterly results from major Big Tech and semiconductor firms.