CHPY is trading 2% down at $74.00 in pre-market, extending recent losses as AI chip and semiconductor-linked income products remain under pressure.

  • The ETF previously fell 4.7% on July 7, 2026, amid volatility in AI chip names and profit-taking in semiconductor-linked option income strategies.
  • Today’s move appears aligned with continued softness in chip-related assets and a broader risk-off tone in futures markets.