09:08 AM EDT, 05/16/2025 (MT Newswires) -- Technology stocks edged higher premarket Friday with the Technology Select Sector SPDR Fund (XLK) up marginally and the SPDR S&P Semiconductor ETF ( XSD ) advancing by 1% recently.

WeRide ( WRD ) shares were over 2% higher after the company said it has launched fully driverless robo-taxi trial operations in Abu Dhabi, the capital of the United Arab Emirates.

Nvidia ( NVDA ) will have new US production facilities, constructed by Wistron, ready by 2026 to build its artificial intelligence servers, Reuters reported, citing Wistron Chief Executive Jeff Lin. Nvidia ( NVDA ) shares were up over 1% pre-bell.

Applied Materials ( AMAT ) shares fell by more than 4% after the company reported higher fiscal Q2 non-GAAP earnings and revenue, with revenue missing analysts' expectations.