09:06 AM EDT, 10/09/2025 (MT Newswires) -- Technology stocks were rising pre-bell Thursday, with the Technology Select Sector SPDR Fund (XLK) up nearly 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) 0.7% higher.
Nvidia ( NVDA ) has secured approval to export "several billion dollars" worth of AI-compatible microchips to the United Arab Emirates, Bloomberg News reported, citing people familiar with the matter. Nvidia ( NVDA ) shares were up nearly 2% premarket.
Richardson Electronics ( RELL ) stock was up more than 20% after the company posted higher fiscal Q1 earnings and net sales.
Taiwan Semiconductor Manufacturing ( TSM ) shares were 0.1% higher after the company reported September net revenue of about 330.98 billion New Taiwan dollars ($10.84 billion), down 1.4% sequentially, but up 31% year over year.