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Sector Update: Tech
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Sector Update: Tech
Oct 6, 2025 6:25 AM

08:53 AM EDT, 10/06/2025 (MT Newswires) -- Technology stocks were rising pre-bell Monday, with the Technology Select Sector SPDR Fund (XLK) up 1.2% and the SPDR S&P Semiconductor ETF (XSD) 2% higher.

Advanced Micro Devices ( AMD ) will supply Microsoft ( MSFT ) -backed OpenAI with 6 gigawatts of graphics processing units as part of a multiyear deal, the companies said. Shares of Advanced Micro Devices ( AMD ) were up more than 34% premarket.

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