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Sector Update: Tech Stocks Rise Pre-Bell Tuesday
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Sector Update: Tech Stocks Rise Pre-Bell Tuesday
Jul 21, 2026 6:28 AM

09:07 AM EDT, 07/21/2026 (MT Newswires) -- Technology stocks were rising pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.8% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 3.7%.

Taiwan Semiconductor Manufacturing ( TSM ) plans to raise prices for both advanced and mature chip manufacturing by up to 10% beginning in 2027, Nikkei Asia reported, citing multiple unnamed sources. Shares of Taiwan Semiconductor Manufacturing ( TSM ) were up more than 3% premarket.

Mobileye (MBLY) shares were up more than 2% after the company said its cloud-enhanced Advanced Driver Assistance technology will be integrated into select future Stellantis ( STLA ) vehicles beginning next year.

Oracle (ORCL) could be required to provide more than $7 billion in collateral for its planned Wisconsin data center after the state's utility regulator declined to ease credit rules for large power users, the Financial Times reported. Oracle stock was up more than 1% pre-bell.

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