09:08 AM EDT, 10/23/2024 (MT Newswires) -- Technology stocks declined premarket Wednesday as the Technology Select Sector SPDR Fund ( XLK ) was 0.4% lower and the SPDR S&P Semiconductor ETF ( XSD ) was recently down 0.1%.

Enphase Energy ( ENPH ) shares fell past 17% after the company reported lower Q3 non-GAAP earnings and revenue.

Texas Instruments ( TXN ) shares were up over 2% after the company reported lower Q3 earnings and revenue that still beat market expectations.

Amphenol ( APH ) shares were up almost 1% after the company reported higher Q3 adjusted earnings and revenue.