IGM is trading 1.83% up in pre-market at $161.55 after Nvidia reported stronger-than-expected second-quarter results and raised its third-quarter outlook.
- Nvidia revenue reached $96.2 billion, while data-center revenue increased 117% year over year.
- The results reinforced optimism around AI spending and lifted technology shares.
- IGM’s substantial exposure to Nvidia and other large technology companies aligns its pre-market gain with the broader sector reaction.