09:13 AM EDT, 08/19/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday, with the SPDR S&P Semiconductor ETF ( XSD ) 1.7% lower and the Technology Select Sector SPDR Fund ( XLK ) 0.1% higher recently.

Advanced Micro Devices ( AMD ) shares were up 0.6% after saying it has agreed to acquire artificial intelligence infrastructure provider ZT Systems in a cash-and-stock deal valued at $4.9 billion.

Ituran Location and Control ( ITRN ) shares were up over 4% after it reported higher Q2 earnings and revenue.

Nokia ( NOK ) shares advanced more than 1% after saying it was selected by TIM Brasil to expand its 5G radio access network coverage across 15 Brazilian states beginning in January.