09:09 AM EDT, 05/20/2026 (MT Newswires) -- Technology stocks were rising premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1%% higher and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 1.4%.

Amkor Technology ( AMKR ) shares were up more than 3% after the company said it has acquired an additional 67-acre parcel next to its Arizona semiconductor campus as it expands advanced packaging and testing operations in the US.

Nvidia ( NVDA ) will open its first research center in Singapore focused on embodied AI and improving AI infrastructure efficiency, multiple media reports said. Nvidia ( NVDA ) stock was up more than 1% pre-bell.

GDS (GDS) shares were up more than 2% after the company posted higher Q1 income and net revenue.