09:12 AM EDT, 06/16/2026 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF ( XSD ) 0.1% higher.

Qualcomm ( QCOM ) said it is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics, CEO Cristiano Amon told CNBC. Qualcomm ( QCOM ) shares were up more than 2% pre-bell.

Infosys ( INFY ) entered into a long-term collaboration with Valmet to modernize its core IT services and improve operational efficiency and business alignment, the company said. Infosys ( INFY ) stock was up more than 2% premarket.

Mobileye Global ( MBLY ) shares were up more than 4% after the company said it plans to have full ownership of an autonomous ride-hailing business, expanding its robotaxi activities beyond supplying self-driving technology.