08:51 AM EDT, 06/27/2025 (MT Newswires) -- Technology stocks were rising premarket Friday, with the Technology Select Sector SPDR Fund (XLK) 0.4% higher and the SPDR S&P Semiconductor ETF (XSD) recently up 0.8%.

Super Micro Computer ( SMCI ) shares were up more than 1% after the company said it has closed a private offering of $2.3 billion of convertible senior notes due 2030, including an option for initial buyers to purchase up to an additional $300 million of the notes.