CHPS is trading at $80.28 (+2.14%) as tech results eased worries over AI valuations and returns on heavy infrastructure spending.
- SpaceX and Super Micro Computer earnings beats supported an AI-linked share rebound; Nasdaq 100 futures rose 0.7%.
- Investors are watching Meta and Tesla earnings for further signals on AI demand and investment.
- This appears to be a sector rebound after a sharp tech selloff; Micronβs investment is not established as the main driver.