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Sector Update: Tech
Jun 24, 2026 6:16 AM

08:54 AM EDT, 06/24/2026 (MT Newswires) -- Technology stocks were edging higher premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.6% and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 1.4%.

ASE Technology ( ASX ) is aggressively expanding global capacity to support surging artificial intelligence demand, including new facilities in Asia and the US, Reuters reported, citing the company's Chief Operating Officer Tien Wu. Shares of ASE Technology Holding ( ASX ) were up more than 2% pre-bell.

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