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Sector Update: Tech
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Sector Update: Tech
Jan 10, 2025 6:10 AM

08:46 AM EST, 01/10/2025 (MT Newswires) -- Technology stocks were mixed premarket Friday, with The Technology Select Sector SPDR Fund (XLK) down 1.2% and the SPDR S&P Semiconductor ETF (XSD) 0.1% higher.

Penguin Solutions ( PENG ) shares were up past 13% after the company said it has signed a collaboration deal with SK Telecom and SK hynix focused on the development of artificial intelligence data center offerings and services.

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