08:55 AM EDT, 03/11/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was down 0.6% and the SPDR S&P Semiconductor ETF (XSD) was up 0.2% recently.

GDS Holdings ( GDS ) could receive a total investment of between $500 million and $600 million from alternative asset managers Hillhouse Capital, Boyu Capital and CDH Investments to back GDS's data center business outside China, Bloomberg reported, citing people familiar with the matter. GDS Holdings ( GDS ) rose past 15% pre-bell.