Technology stocks were edging higher premarket Tuesday, with the SPDR S&P Semiconductor ETF (XSD) up 1.3% and The Technology Select Sector SPDR Fund (XLK) 0.6% higher.
Wipro (WIT) shares were up nearly 1% after the company said it extended its agreement with automotive firm Marelli for another four years.
Intel (INTC) shares were 0.8% higher after the company and the US Department of Commerce said they have reached an agreement to award the semiconductor producer up to $7.86 billion in direct funding under the US CHIPS and Science Act.
Apple (AAPL) must lift restrictions on payment methods for in-app purchases, among other antitrust remedies, Brazil's antitrust regulator Cade said. Apple shares were up 0.2% pre-bell.
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