CHPS is trading at $88.01 (-1.69%) in pre-market as chip-sector weakness weighs on the fund.

  • Semiconductor shares were mixed: Intel and AMD fell, and the semiconductor ETF was down 1.5%, adding pressure to tech.
  • Memory-chip stocks faced selling amid profit-taking and concerns about Chinese competitor CXMT’s DRAM progress.
  • Nasdaq futures were slightly lower, while S&P 500 and Dow futures edged higher; no major U.S. economic releases were scheduled. Signals pointed to sector-specific chip weakness rather than a broad market selloff.