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Sector Update: Tech Stocks Mixed Premarket Monday
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Sector Update: Tech Stocks Mixed Premarket Monday
Jun 1, 2026 6:44 AM

09:16 AM EDT, 06/01/2026 (MT Newswires) -- Technology stocks were mixed premarket Monday, with the State Street SPDR S&P Semiconductor ETF ( XSD ) down 0.2% and the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1%.

Nvidia ( NVDA ) has launched RTX Spark, a new AI chip that will feature in Microsoft ( MSFT ) Windows laptops and desktop personal computers. Nvidia ( NVDA ) stock rose past 2% and Microsoft ( MSFT ) shares were up more than 3% pre-bell.

Intel ( INTC ) plans to begin shipping a new artificial intelligence chip in limited volumes by the end of 2026, the Financial Times reported, citing a senior company executive. Intel ( INTC ) stock was down more than 5% premarket.

Salesforce ( CRM ) shares were up more than 4% after the company said it will invest $2 billion in France through 2030, expanding its AI and cloud operations.

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