09:07 AM EST, 01/15/2025 (MT Newswires) -- Technology stocks were flat to higher premarket Wednesday as the SPDR S&P Semiconductor ETF ( XSD ) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up 1.8%.

Sonos ( SONO ) said in a regulatory filing that it has informed chief product officer Maxime Bouvat-Merlin that the CPO role will be eliminated effective immediately. Sonos ( SONO ) shares advanced by over 2% premarket.

Applied Digital ( APLD ) shares were down 1.1% after the company reported a wider fiscal Q2 adjusted net loss of $0.06 per diluted share, compared with a loss of $0.05 a year earlier.

Impinj ( PI ) shares were 3% lower after the company said it continues to expect Q4 revenue of $91 million to $94 million.