CHPS is trading at $80.78, down -2.24%, as Alphabet’s disappointing revenue and negative free cash flow revived concerns about whether heavy AI investment will pay off.

  • Microsoft’s strong cloud results offered a partial counterpoint.
  • Samsung’s results unsettled chip investors as markets weighed inflation and growth data alongside the Fed’s hawkish tone.
  • CHPS’s decline fits broader technology weakness, not the positive SK Hynix headline alone.