OpenAI's chat bot has been one of the driving forces behind the chipmaker's stock rally this year.

Taiwan Semiconductor Manufacturing Co. (TSMC) is a leading semiconductor manufacturer that counts many of the biggest chip designers, including Apple and Nvidia, as its customers.

British Prime Minister Rishi Sunak has reportedly reopened negotiations with the CEOs of SoftBank and Arm, in a renewed attempt to have the chip designer list its shares in London.

Tesla shares rose 8% on Monday after CEO Elon Musk's attorneys asked a California court to move a trial over the company stock to Texas.

Investors are trying to take advantage of higher interest rates and the recent drop in value of big technology stocks by buying options.