CHAT is trading at $91.04 (+1.65%) as semiconductor stocks, including Intel, show notable strength and support information technology shares.
- Broader markets remain weaker as higher oil prices, geopolitical tensions, Canadian tariffs, and stronger jobs data revive rate-hike concerns.
- Chip and AI optimism is offsetting pressure from rising yields and inflation concerns, while Nasdaq weakness shows the move is selective rather than broad-based.