🔴 CHPX is trading 5% down in pre-market amid rate concerns and AI-investment jitters

CHPX is trading at $88.20, down 5.11% in pre-market amid broader technology and semiconductor pressure; no new company-specific catalyst surfaced.

• CHPX fell 4.58% to $92.95 on October 14.
• Reuters reported Nasdaq futures fell more than 1% as hotter inflation revived rate concerns and investors worried about funding AI investment.
• Recent coverage also cited competition from China’s CXMT and AI-spending jitters weighing on chip shares.