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Sector Update: Tech Stocks Mixed Premarket Tuesday

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Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.1% higher.

Qualcomm (QCOM) said it is developing more than 40 new AI device designs as it prepares for the next wave of "agent" powered consumer electronics, CEO Cristiano Amon told CNBC. Qualcomm shares were up more than 2% pre-bell.

Infosys (INFY) entered into a long-term collaboration with Valmet to modernize its core IT services and improve operational efficiency and business alignment, the company said. Infosys stock was up more than 2% premarket.

Mobileye Global (MBLY) shares were up more than 4% after the company said it plans to have full ownership of an autonomous ride-hailing business, expanding its robotaxi activities beyond supplying self-driving technology.

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Sector Update: Financial Stocks Advance Late Afternoon

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