CHAT is trading at $80.64 (-4.71%) as a hotter-than-expected September CPI report revived concerns that interest rates may stay higher and weigh on growth stocks.
- Nasdaq futures fell more than 1% as the AI-linked selloff deepened.
- Semiconductor weakness and caution about AI investment funding added pressure; TSMC struck a cautious note on its 2027 outlook.
- ASML’s improved forecast was a counterpoint but did not offset broader risk aversion.