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Sector Update: Tech
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Sector Update: Tech
Nov 25, 2024 6:26 AM

08:46 AM EST, 11/25/2024 (MT Newswires) -- Technology stocks were advancing premarket Monday, with The Technology Select Sector SPDR Fund (XLK) up 0.5% and the SPDR S&P Semiconductor ETF (XSD) 2.6% higher.

Lattice Semiconductor ( LSCC ) is mulling an offer to purchase Intel's ( INTC ) Altera unit and is working with advisers as it seeks a private equity backer, Bloomberg News reported Saturday, citing unnamed sources familiar with the matter. Lattice Semiconductor ( LSCC ) shares were up over 1% premarket.

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