09:09 AM EDT, 03/25/2026 (MT Newswires) -- Technology stocks were rising premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) and State Street SPDR S&P Semiconductor ETF ( XSD ) up around 1%.

Arm Holdings ( ARM ) expects "material revenue" from its first in-house chip starting in 2028, with "an exponential ramp" to roughly $15 billion in 2031, Chief Financial Officer Jason Child said, according to a FactSet transcript. Shares of ARM Holdings ( ARM ) were up more than 9% pre-bell.

Clear Secure ( YOU ) shares were up more than 2% as more travelers sign up for its expedited airport security service to avoid long TSA lines.

SanDisk ( SNDK ) stock was down more than 6% after the company said its subsidiary has agreed to invest about $1 billion in Nanya Technology through a private placement of common stock.