08:54 AM EDT, 06/16/2026 (MT Newswires) -- Technology stocks were leaning lower premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 0.3%.

Qualcomm ( QCOM ) said it is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics, CEO Cristiano Amon told CNBC. Qualcomm ( QCOM ) shares were up more than 3% pre-bell.