Stock Track | iShares Tech-Software ETF Soars 5.01% in Pre-Market on AI-Driven Software Rally

Stock Track06-01

The iShares Expanded Tech-Software Sector ETF (IGV) surged 5.01% in pre-market trading on Monday.

The rally was driven by a broad surge in U.S. software stocks, fueled by optimism surrounding artificial intelligence (AI) advancements. NVIDIA's GTC Taipei 2026 conference, where CEO Jensen Huang unveiled breakthrough AI technologies, sparked positive sentiment across the sector.

Major software components like IBM, Adobe, Salesforce, and Oracle all posted significant pre-market gains, contributing to the ETF's upward movement. Analysts note growing demand in AI infrastructure segments such as data infrastructure and cybersecurity.

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