IGV is trading at $90.27 (+2.6%) as software stocks rebound alongside a broader move higher in U.S. equities and a rally in risk assets.
- Falling oil prices following a pause in U.S.-Iran hostilities are easing inflation and interest rate concerns, providing a tailwind for growth and AI-oriented technology shares.
- The sector is benefiting from renewed enthusiasm for AI infrastructure, highlighted by a $200 billion partnership between Samsung and Broadcom that underscores long-term demand for software and semiconductor solutions.