The latest iyw stock price is showing modest upward momentum, closing around $137.85 in early trading. This reflects investor confidence in the U.S. technology sector, which drives the iShares U.S. Technology ETF. Market analysts note that strong earnings from megacap tech stocks could push iyw higher in the coming weeks. Looking ahead, the company has raised its full-year guidance, with adjusted EBITDA projected to be in the range of $843 million to $858 million, compared to the earlier forecast, further boosting investor sentiment. In addition to Nvidia, SMH owns Nvidia’s competitors like Advanced Micro Devices ( NASDAQ:AMD ) and Intel ( NASDAQ:INTC ), and it also owns companies that are vital to the semiconductor manufacturing process like foundry Taiwan Semiconductor ( NYSE:TSM ) and semiconductor equipment manufacturers Applied Materials ( NASDAQ:AMAT ), Lam Research ( NASDAQ:LRCX ), and ASML Holding ( NASDAQ:ASML ). iyw stock price witnessed intraday fluctuations between $137.70 and $138.15, driven largely by algorithmic trading reacting to bond yield movements. The tech-heavy composition amplifies sensitivity to interest rate news.
