09:07 AM EDT, 07/23/2025 (MT Newswires) -- Technology stocks were mixed premarket Wednesday with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF ( XSD ) 1.3% lower recently.

SAP (SAP) shares were down more than 4% after the company reported Q2 revenue that missed analysts' expectations.

Amphenol ( APH ) shares were up more than 6% after the company reported higher Q2 adjusted earnings and net sales.

TE Connectivity ( TEL ) shares were edging 0.1% lower after the company reported higher fiscal Q3 non-GAAP earnings and revenue.