Global X AI Semiconductor & Quantum ETF (NASDAQ:CHPX) Stock Price Down 3.2% – Here’s Why

Global X AI Semiconductor & Quantum ETF (NASDAQ:CHPX – Get Free Report)’s share price was down 3.2% on Wednesday. The company traded as low as $80.40 and last traded at $80.90. 31,564 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 55,678 shares. The stock had previously closed at $83.59.

Global X AI Semiconductor & Quantum ETF Stock Down 3.2%

The stock has a market cap of $107.60 million, a PE ratio of 23.66 and a beta of 3.93.

Global X AI Semiconductor & Quantum ETF (NASDAQ: CHPX) is an exchange-traded fund that provides exposure to companies involved in the semiconductor and quantum-computing industries. Its portfolio may include businesses that design or manufacture chips, supply semiconductor production equipment, or develop quantum-computing technologies and related services.

The fund is managed by Global X Management Company LLC and is designed to track an index focused on AI-related semiconductors and quantum computing.

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