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Sector Update: Tech Stocks Decline Premarket Friday
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Sector Update: Tech Stocks Decline Premarket Friday
Mar 27, 2026 6:30 AM

09:12 AM EDT, 03/27/2026 (MT Newswires) -- Tech stocks were declining premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.1% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 0.2% lower.

Super Micro Computer ( SMCI ) sold servers with restricted artificial intelligence chips to four Chinese universities over the last year, including two linked to the People's Liberation Army, Reuters reported, citing procurement data. Shares of Super Micro were down more than 1% pre-bell.

Teledyne Technologies' ( TDY ) subsidiary Teledyne Gavia said the Swedish Defence Materiel Administration has placed a follow-on order for additional GAVIA AUVs and payload modules. Teledyne Technologies ( TDY ) stock was 1% higher premarket.

Veritone ( VERI ) shares were down more than 6% after the company reported wider Q4 preliminary adjusted losses.

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