09:12 AM EDT, 10/29/2025 (MT Newswires) -- Technology stocks were rising premarket Wednesday, with the Technology Select Sector SPDR Fund (XLK) up 0.9% and the SPDR S&P Semiconductor ETF ( XSD ) advancing by 1%.

Nvidia ( NVDA ) shares were up more than 3% amid media reports that US President Donald Trump could discuss the company's Blackwell artificial intelligence chip with his Chinese counterpart, Xi Jinping, during the state leaders' Thursday meeting.

Garmin ( GRMN ) stock was down more than 11% after the company raised its guidance for fiscal 2025 adjusted earnings per share, but still below analysts' expectations. Revenue outlook for the year was reiterated, and also below estimates.

Verisk Analytics ( VRSK ) shares were down more than 8% after the company's Q3 revenue missed expectations and it lowered its 2025 revenue outlook.