🟢 IUIT.L is trading 3.7% up today on a semiconductor-led U.S. technology rebound

IUIT.L is trading at $49.84 (+3.68%) following a broad U.S. technology rebound led by the semiconductor and AI hardware sectors.

• Sector momentum was fueled by Meta’s reported AI chip manufacturing plans and Micron’s announcement of a $250 billion U.S. investment.
• The rally aligned with broader Nasdaq strength on July 9, where tech stocks outperformed despite elevated geopolitical risks.
• As a fund tracking U.S. information technology stocks, IUIT.L captured direct upside from these concentrated sector-level gains.