08:57 AM EST, 01/13/2025 (MT Newswires) -- Technology stocks were falling premarket Monday with the Technology Select Sector SPDR Fund (XLK) down 1.2% and the SPDR S&P Semiconductor ETF ( XSD ) 2% lower recently.

Taiwan Semiconductor Manufacturing ( TSM ) has started producing advanced four-nanometer chips for US customers at its facility in Arizona, Reuters reported Friday, citing Commerce Secretary Gina Raimondo. Taiwan Semiconductor Manufacturing ( TSM ) shares were over 3% lower pre-bell.

Apple's ( AAPL ) board of directors urged investors to vote against a shareholder proposal seeking to eliminate the company's Diversity, Equity, and Inclusion programs, according to a proxy filing from the company late Friday. Apple ( AAPL ) shares were 1% lower premarket.