08:52 AM EST, 02/18/2025 (MT Newswires) -- Technology stocks were advancing premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was up 0.7% and the SPDR S&P Semiconductor ETF (XSD) was 0.4% higher recently.

Taiwan Semiconductor Manufacturing ( TSM ) and Broadcom ( AVGO ) are considering pitching deals to acquire separate pieces of Intel ( INTC ) , The Wall Street Journal reported, citing people familiar with the matter. Intel ( INTC ) shares rose past 4% premarket.