08:49 AM EST, 02/19/2025 (MT Newswires) -- Technology stocks were flat to lower premarket Wednesday with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.2% recently.

Analog Devices ( ADI ) shares were up over 3% after the company reported fiscal Q1 adjusted earnings and revenue that topped analysts' expectations. The company also increased its quarterly dividend and share buyback authorization.