09:03 AM EDT, 04/14/2025 (MT Newswires) -- Technology stocks advanced pre-bell Monday with the Technology Select Sector SPDR Fund (XLK) 2.8% higher and the SPDR S&P Semiconductor ETF (XSD) up 3.3% recently.

Apple (AAPL), Nvidia (NVDA), and Dell Technologies (DELL) shares were up in premarket activity Monday, the first trading session after the Trump administration put a 90-day pause on 125% tariffs for mobile phones, computers, and other electronics imports from China. Apple was over 6% higher, Nvidia was up over 3%, and Dell Technologies advanced by over 8%.

Intel (INTC) is close to securing an agreement to sell a stake in its Altera programmable chip unit to private equity firm Silver Lake Management, Bloomberg reported, citing unnamed people familiar with the matter. Shares of Intel rose past 4% premarket.

Sony (SONY) shares were up more than 1% after the company said it is raising the price of the PlayStation 5 console in select markets in Europe, Middle East and Africa, Australia and New Zealand, citing a "challenging" economic backdrop.

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