CHPY is trading 1.6% up at $71.84 in pre-market action, recovering slightly after last week’s steep semiconductor and AI selloff.

  • The YieldMax Semiconductor Portfolio Option Income ETF is rebounding alongside modestly firmer index futures.
  • The move appears driven by continued market repositioning around AI infrastructure and chip names rather than any fund-specific news or fresh fundamental catalysts.
  • This recovery follows a period of significant volatility and downward pressure across the broader technology and semiconductor sectors.