CHAT is trading at $87.23, with a -2.75% change as semiconductor weakness weighs on technology stocks amid reassessments of AI investment costs, financing, and stretched valuations.
- China’s CXMT reported progress on a denser memory-chip design, raising competitive concerns for established memory makers.
- South Korea’s KOSPI fell 5.5% at the close; Samsung dropped 7.4% and SK Hynix 10.1%. Pressure appeared sector-focused, not a broad U.S. market selloff; supplied U.S. index readings were mixed.