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Sector Update: Tech

Sector Update: Tech

MT newswireMT newswire2026/10/08 12:55

08:55 AM EDT, 10/08/2026 (MT Newswires) -- Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.9% and the iShares Semiconductor ETF (SOXX) down 2%. Taiwan Semiconductor Manufacturing (TSM) reported revenue of 511.86 billion New Taiwan dollars ($16.03 billion) in September, up 55% from a year earlier. TSMC shares were down more than 1% pre-bell.

08:55 AM EDT, 10/08/2026 (MT Newswires) -- Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.9% and the iShares Semiconductor ETF (SOXX) down 2%. Taiwan Semiconductor Manufacturing (TSM) reported revenue of 511.86 billion New Taiwan dollars ($16.03 billion) in September, up 55% from a year earlier. TSMC shares were down more than 1% pre-bell.
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