IUIT.SW is trading 3.1% up today at $49.80 following a strong rebound in large-cap U.S. tech driven by AI optimism and Nvidia's upbeat guidance.

  • The positive sentiment lifted semiconductors and software sectors broadly after Nvidia provided a strong outlook.
  • As Nvidia, Apple, and Microsoft comprise a large share of the underlying S&P 500 Information Technology index, their collective strength pulled the fund higher.