09:09 AM EDT, 04/01/2026 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.9% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 1.1%.

Taiwan Semiconductor Manufacturing ( TSM ) plans to begin equipment setup and mass manufacturing of 3-nanometer semiconductors at its second Japanese facility in 2028, Reuters reported, citing a Taiwanese government filing. Taiwan Semiconductor shares were up more than 1% premarket.

Klarna ( KLAR ) stock was up more than 1% after the company said it has completed a significant risk transfer covering 1.70 billion euros ($1.97 billion) in loans, freeing up capital to support growth.

SharonAI ( SHAZ ) shares were up more than 19% after the company said it is expanding its AI Cloud services business by signing a $1.25 billion AI infrastructure deal with ESDS Software Solutions.