From Nasdaq:

Technology stocks, including the Technology Select Sector SPDR Fund and the SPDR S&P Semiconductor ETF, showed mixed premarket activity, with XLK up 0.4% and XSD recently inactive.

Nvidia is set to begin production of its H20 artificial intelligence chip designed for China in Q2, as reported by Reuters. The company’s stock was up more than 1% pre-bell.

Apple may be facing an antitrust case from the US Department of Justice, which is in late stages of investigation, according to the New York Times. Apple’s stock was marginally advancing in recent premarket activity.

Lumen Technologies saw a slight increase in stock value after announcing the appointment of Ashley Haynes-Gaspar as chief revenue officer.



Read more: Technology Sector Update for 01/08/2024: NVDA, AAPL, LUMN, XLK, XSD