IYW is trading 1.58% higher as semiconductor and AI-linked shares lead Monday’s technology-sector advance.
- Intel, AMD, Micron, Meta, and Dell were notable gainers, with improving AI-demand sentiment supporting chip stocks.
- Falling oil prices and lower Treasury yields are improving risk appetite and easing inflation concerns; optimism around Washington–Beijing discussions adds support.
- The broader market is also higher, confirming a sector-wide risk-on move rather than an isolated ETF event.