09:12 AM EDT, 04/07/2026 (MT Newswires) -- Technology stocks were declining premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.8% and the iShares Expanded Tech Sector ETF ( IGM ) 1.1% lower.

Broadcom ( AVGO ) said in a filing that it entered into a long-term agreement with Alphabet's (GOOG, GOOGL) Google ( GOOG ) to develop and supply custom tensor processing units for Google's ( GOOG ) future generations of TPUs. Shares of Broadcom ( AVGO ) were up more than 3% pre-bell.

Apple ( AAPL ) is facing issues in the engineering test phase of its foldable iPhone, potentially delaying the smartphone's production and shipment schedules, Nikkei Asia reported Tuesday, citing a source familiar with the matter. Apple ( AAPL ) shares were 0.8% lower premarket.

Akamai Technologies ( AKAM ) said it is collaborating with Arrow Electronics' ( ARW ) enterprise computing solutions business to expand distribution of its cloud, security, and application delivery offerings across Arrow's ecosystem. Shares of Akamai Technologies ( AKAM ) were down 0.4% pre-bell.