DAPP is trading at $19.95 (-1.82%) after Marvell Technology fell sharply premarket as investors questioned the timing of its AI-chip opportunity, pressuring semiconductor sentiment.
- Broader technology stocks are consolidating after NVIDIA’s powerful earnings-driven rally, with AI-related profit-taking weighing on the sector.
- Investors are cautious ahead of Fed Chair Kevin Warsh’s Jackson Hole speech and consumer-sentiment data at 10:00 a.m. ET.
- Major indexes remain slightly higher, indicating weakness is concentrated in technology and AI-linked names.