08:55 AM EDT, 07/29/2026 (MT Newswires) -- Technology stocks were lower pre-bell Wednesday, with the State Street Technology Select Sector SPDR ETF (XLK) retreating by 0.3% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 0.7% lower.

United Microelectronics ( UMC ) shares were down more than 1% in premarket activity after falling 9% at the prior close. The company reported higher Q2 earnings and operating revenue and announced a phased expansion plan to boost semiconductor manufacturing capacity in Singapore and Taiwan.