08:50 AM EDT, 03/19/2024 (MT Newswires) -- Technology stocks were declining premarket Tuesday with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) 1% lower recently.

Super Micro Computer ( SMCI ) was shedding over 10% in value after it filed a registration statement for the sale of 2 million shares of its common stock.