The Roundhill Generative AI and Technology ETF falls to under $85 per share as investors reduce exposure to high-growth tech stocks.
The Roundhill Generative AI and Technology ETF (CHAT) has declined 20% from its record high, trading below $85 per share. The drop reflects a broader tech sell-off as investors trim positions in high-flying artificial intelligence stocks amid market uncertainty.
The Nasdaq-100, heavily weighted in tech stocks, has fallen 8% from its recent peak. CHAT, an actively managed fund, holds 52 stocks in AI infrastructure, software, and platforms, offering diversified exposure to the sector.
The ETF’s pullback may present a buying opportunity for long-term investors betting on AI’s growth potential, though volatility remains elevated.