09:08 AM EDT, 06/26/2025 (MT Newswires) -- Technology stocks were advancing premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 0.5% and the SPDR S&P Semiconductor ETF ( XSD ) 1.9% higher recently.
Cyngn ( CYN ) shares were surging by more than 191% after the company said it is collaborating with Nvidia ( NVDA ) to use its robotics platform to develop autonomous vehicle services for industrial applications.
Serve Robotics ( SERV ) shares were up more than 4% after the company said it is launching its autonomous sidewalk delivery service in Atlanta as part of its collaboration with Uber Technologies ( UBER ) .
Palantir Technologies ( PLTR ) shares were up more than 1% after the company said it will co-develop with The Nuclear Company an AI-driven, real-time software platform for nuclear power plant construction called NOS.