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Sector Update: Tech
Aug 12, 2025 6:26 AM

09:03 AM EDT, 08/12/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.6% and the iShares Expanded Tech Sector ETF (IGM) 0.6% lower recently.

Intel ( INTC ) Chief Executive Officer Lip-Bu Tan met with President Donald Trump, along with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, Trump said on Truth Social. Trump called the meeting "very interesting" and described Tan's career as "an amazing story." Shares of Intel ( INTC ) were up more than 3% premarket.

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