08:48 AM EDT, 10/15/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with The Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) 0.1% higher.

Wolfspeed ( WOLF ) shares were up past 30% after the company said it expects up to $2.50 billion in additional capital, including a proposed $750 million in federal investment, another $750 million in new financing, and $1 billion of cash tax refunds.