🔴 CHPX is trading 12.31% down in pre-market amid semiconductor-sector weakness

CHPX is trading at $85.95, down 12.31%, as semiconductor-sector weakness tied to AI infrastructure spending concerns and rising memory-chip competition weighs on shares.

• No CHPX-specific announcement was identified; available coverage links the decline to broader chip-sector pressures.
• Overnight reports on Chinese memory-chip maker CXMT’s technology progress and concerns over financing AI expansion weighed on chip stocks.
• South Korea’s chip-heavy market also fell sharply, reflecting broader pressure on semiconductor shares.