08:50 AM EST, 02/27/2025 (MT Newswires) -- Technology stocks were rising premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) 0.5% higher and the SPDR S&P Semiconductor ETF (XSD) up 0.7%.

Ambarella ( AMBA ) shares were up over 10% after the company overnight reported a swing to fiscal Q4 non-GAAP earnings as revenue increased during the period.