iShares Expanded Tech-Software Sector ETF is trading 3.1% up today as software and information technology stocks extend an AI-driven rally fueled by NVIDIA’s latest chip announcements.
- NVIDIA’s move to launch 3nm Windows PC chips and deepen its AI ecosystem is boosting sentiment for software and cloud providers that rely on its platforms.
- Growth-oriented tech is attracting fresh buying interest amid lower yields and major indices trading near record highs.
- Traders are positioning in software names ahead of the U.S. Manufacturing PMI as the AI-led momentum continues to broaden.