09:08 AM EDT, 05/19/2025 (MT Newswires) -- Technology stocks fell pre-bell Monday with the Technology Select Sector SPDR Fund (XLK) recently 1.5% lower and the SPDR S&P Semiconductor ETF ( XSD ) down 2.4%.

CoreWeave ( CRWV ) shares fell nearly 7% after the company said it plans to issue $1.5 billion in senior notes due 2030 through a private offering.

Kyndryl Holdings ( KD ) shares were down more than 2% after the company said it will invest up to 100 million euros ($112.8 million) in France over three years to accelerate the country's digital transformation.

Advanced Micro Devices ( AMD ) shares were nearly 2% lower after the company said it has signed a definitive agreement to sell ZT Systems' data center infrastructure manufacturing business to Sanmina ( SANM ) in a cash-and-stock transaction valued at $3 billion. SANM shares were down nearly 4%.