09:10 AM EDT, 04/09/2025 (MT Newswires) -- Technology stocks were higher pre-bell Wednesday, with the Technology Select Sector SPDR Fund (XLK) adding 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) up 5.1% recently.

Apple ( AAPL ) supplier Luxshare is considering moving some production outside of China, including to the US, Reuters reported, citing a transcript of a telephone call between analysts and the company's founder and chair, Wang Laichun. Shares of Apple ( AAPL ) were 0.3% higher premarket.

Gilat Satellite Networks ( GILT ) shares were up more than 2% after the company said it was awarded a contract worth over $11 million for its DKET 3420 portable satellite communication terminals, which are designed to provide reliable, scalable, and flexible connectivity for mission-critical operations.

Meta Platforms' ( META ) former executive Sarah Wynn-Williams is set to testify before Congress, claiming that the company undermined US national security while fostering ties with China, media outlets reported. Shares of Meta Platforms ( META ) were down 0.2% pre-bell.