-- Technology stocks were advancing pre-bell Wednesday, with the State Street Technology Select Sector SPDR ETF (XLK) rising by 1.9% and the State Street SPDR S&P Semiconductor ETF (XSD) 3.7% higher.
Advanced Micro Devices (AMD) shares were up over 18% before the opening bell after the company overnight posted stronger-than-expected fiscal Q1 results and issued an upbeat Q2 revenue outlook.
Super Micro Computer (SMCI) stock was over 15% higher before the bell after the company reported higher fiscal Q3 adjusted earnings and revenue.
Navitas Semiconductor (NVTS) stock was down more than 3% pre-bell after the company posted a Q1 adjusted loss and lower revenue.