IGV is trading at $108.10, up 1.52%, as Micron’s stronger-than-expected outlook for AI memory demand buoyed technology sentiment and helped lift U.S. futures overnight.
- Nasdaq 100 futures rose about 1%, and Asian technology shares advanced.
- Recent softer inflation supported rate-sensitive growth shares, while elevated bond yields remain a risk.
- The move follows broad software strength, including gains in Palo Alto Networks, Microsoft and Intuit on September 30.