08:54 AM EDT, 07/27/2026 (MT Newswires) -- Technology stocks were rising pre-bell Monday, with the State Street Technology Select Sector SPDR Fund (XLK) up 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.2% higher.

Broadcom ( AVGO ) and Samsung Electronics signed a memorandum of understanding to expand their strategic collaboration across memory and foundry technologies to support next-generation artificial intelligence infrastructure. Shares of Broadcom ( AVGO ) were up more than 2% premarket.