08:48 AM EST, 12/17/2024 (MT Newswires) -- Technology stocks were declining premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was down 0.7% and the SPDR S&P Semiconductor ETF (XSD) was 0.9% lower recently.

Cohu ( COHU ) shares were up over 2% after the company said it has agreed to acquire Tignis, a software provider focused on artificial intelligence-powered process control and monitoring.