08:50 AM EST, 03/07/2025 (MT Newswires) -- Technology stocks were flat to higher premarket Friday as the Technology Select Sector SPDR Fund (XLK) was flat and the SPDR S&P Semiconductor ETF (XSD) was 0.4% higher recently.

Broadcom ( AVGO ) shares rose past 9% after the company reported higher fiscal Q1 non-GAAP earnings and revenue that topped analysts' expectations. The company also issued fiscal Q2 revenue outlook above analysts' estimates.