09:10 AM EDT, 07/09/2026 (MT Newswires) -- Technology stocks were rising pre-bell Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.7% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 3.9% higher.

Applied Materials ( AMAT ) is seeing stronger long-term visibility into semiconductor equipment demand as major chipmakers share production plans extending well beyond 2027, Nikkei Asia reported, citing CEO Gary Dickerson. Shares of Applied Materials ( AMAT ) were up more than 8% premarket.

Texas Instruments' ( TXN ) proposed acquisition of Silicon Laboratories ( SLAB ) is subject to public feedback as requested by the Competition and Consumer Commission of Singapore, the regulator said. Texas Instruments ( TXN ) stock was up more than 3% pre-bell.

IBM ( IBM ) updated its artificial intelligence development system Bob to introduce multi-agent features and automated legacy system modernization workflows, the company said. IBM ( IBM ) shares were down 5% premarket.