08:50 AM EST, 11/06/2024 (MT Newswires) -- Technology stocks rose in Wednesday's premarket hours with the Technology Select Sector SPDR Fund (XLK) flat and the SPDR S&P Semiconductor ETF (XSD) 3.4% higher recently.

Super Micro Computer ( SMCI ) shares fell by over 18% after the company reported preliminary fiscal Q1 net sales and issued fiscal Q2 guidance that missed analysts' expectations. The company also remains delinquent on its form 10-K filing for the fiscal year ended June 30.