08:53 AM EDT, 09/05/2025 (MT Newswires) -- Technology stocks were flat to higher premarket Friday, with The Technology Select Sector SPDR Fund (XLK) inactive and the SPDR S&P Semiconductor ETF (XSD) up 0.5%.

Broadcom ( AVGO ) shares were up more than 14% in recent Friday premarket activity after the company said it expected its fiscal 2026 artificial intelligence revenue outlook to improve "significantly" after it secured more than $10 billion of orders of AI racks from a new customer. Broadcom ( AVGO ) also reported higher fiscal Q3 non-GAAP net income and revenue overnight.