CHPY is trading 3.69% down at $60.69 as the global semiconductor selloff continues.
- Its diversified basket includes NVIDIA, AMD and Marvell, exposing the ETF to sector-wide weakness.
- Reuters reports hotter-than-expected U.S. inflation has revived interest-rate concerns and pressured AI and technology stocks; losses have also spread across Asian chipmakers.
- No clear CHPY-specific catalyst was identified.