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Sector Update: Tech
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Sector Update: Tech
Aug 26, 2025 6:18 AM

08:53 AM EDT, 08/26/2025 (MT Newswires) -- Technology stocks were flat to higher premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) flat and the SPDR S&P Semiconductor ETF (XSD) up 1.5%.

IBM ( IBM ) and AMD (AMD) said they are collaborating to develop quantum-centric supercomputing architectures based on the combination of quantum and high-performance computing. Shares of AMD and IBM ( IBM ) were up more than 2% and 1%, respectively, pre-bell.

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