COHH is trading at $2.05, down 3.42%, with COHR-specific weakness a likely factor; no direct catalyst was confirmed. - COHH seeks 2x daily exposure to Coherent (COHR), so broad semiconductor gains do not establish the cause of its decline. - Asian chip shares rebounded Monday, while an investigation involving Nvidia CEO Jensen Huang added uncertainty to the AI trade. - No major U.S. economic release was scheduled before the open; Tuesday’s CPI remained a focus.