CHPS is trading at $84.31, up +1.73%, as semiconductors lead a broad information-technology rally while Treasury yields ease below 5% and oil prices retreat, reducing pressure on growth-stock valuations.
- Information technology gained about 2.2% in the latest reported session; Intel, AMD, Micron, and Nvidia rallied strongly.
- Jensen Huang’s forecast that chip sales could double in 2027 reinforces AI-investment optimism; the move extends the September 17 rebound after investors looked past the Federal Reserve’s rate hike.