COHH is trading at $4.71 (-4.6%) on July 29, 2026, extending steep losses from prior sessions as volatility in the chip sector intensifies.
- The decline is fueled by a continuing global semiconductor selloff and growing investor skepticism regarding the returns on massive AI infrastructure spending.
- Mounting competition from Chinese chip manufacturers is placing additional pressure on major chipmakers, magnifying the downside for leveraged products like COHH.