09:10 AM EST, 02/18/2025 (MT Newswires) -- Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was up 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) was flat recently.

Taiwan Semiconductor Manufacturing ( TSM ) and Broadcom ( AVGO ) are considering pitching deals to acquire separate pieces of Intel ( INTC ) , The Wall Street Journal reported, citing people familiar with the matter. Intel ( INTC ) shares rose past 3% premarket.

Baidu ( BIDU ) shares declined by over 4% after the company reported lower Q4 non-GAAP earnings and revenue.

iQIYI (IQ) shares fell past 4% after the company reported a swing to Q4 non-GAAP net loss as revenue declined during the period.