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Sector Update: Tech
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Sector Update: Tech
Jan 13, 2025 5:59 AM

08:44 AM EST, 01/13/2025 (MT Newswires) -- Technology stocks fell premarket Monday with the Technology Select Sector SPDR Fund (XLK) down 1.1% and the SPDR S&P Semiconductor ETF (XSD) 2% lower recently.

Taiwan Semiconductor Manufacturing ( TSM ) has started producing advanced four-nanometer chips for US customers at its facility in Arizona, Reuters reported Friday, citing Commerce Secretary Gina Raimondo. Taiwan Semiconductor Manufacturing ( TSM ) shares were over 3% lower pre-bell.

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