09:07 AM EST, 01/22/2025 (MT Newswires) -- Technology stocks were higher premarket Wednesday with the SPDR S&P Semiconductor ETF ( XSD ) up 0.6% and the Technology Select Sector SPDR Fund (XLK) advancing by 1.4% recently.

Amphenol ( APH ) shares rose past 5% after the company reported higher Q4 adjusted earnings and net sales.

Teledyne Technologies ( TDY ) shares advanced by nearly 2% after the company reported higher Q4 non-GAAP earnings and net sales.

C3.ai ( AI ) shares were over 5% higher after the company said it partnered with McKinsey & Company to help clients across industries speed up their Enterprise AI transformations.