DAPP is trading at $16.39 (-2.50%) as hotter-than-expected U.S. inflation revived concerns about higher borrowing costs, pressuring rate-sensitive technology stocks.

  • AI funding and valuation concerns weighed on chip and AI-linked shares, with selling spreading across global technology markets.
  • ASML reported record sales but warned planned capacity may not meet AI-driven demand, pointing to strong demand alongside supply constraints rather than a clear standalone cause of DAPP’s decline.