IRE is trading at $22.19 (+7.35%) as Micron's strong after-hours guidance revived AI and semiconductor sentiment across leveraged tech exposure.

  • Pre-market futures are broadly higher, with Nasdaq 100 futures up over 2% and S&P 500 futures up 0.7%.
  • As a 2x leveraged vehicle tied to IREN share moves, IRE is seeing amplified gains from the prevailing sector optimism.