AIQ is trading at $65.45 (+3.25%) as Micron’s blowout earnings revive confidence in the AI trade and lift semiconductor sentiment across the sector.

  • The move is also being helped by a broader risk-on tone in U.S. equities, with tech rebounding after the prior session’s selloff.
  • AIQ is especially sensitive to this shift because over half of the fund is allocated to information technology, making the sector’s rebound the primary performance driver.