Sector Update: Tech Stocks Rise Premarket Monday

09:10 AM EDT, 09/21/2026 (MT Newswires) -- Technology stocks were rising premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.3% higher and the State Street SPDR SP Semiconductor ETF (XSD) advancing by 1.9%. Lumentum (LITE), Qualcomm Technologies (QCOM) and Corning (GLW) will showcase a high-density optical die-to-die interconnect for AI scale-up systems at ECOC 2026 in Malaga, Spain, Lumentum said. Lumentum Holdings shares were up more than 2%, Qualcomm stock was over 1% higher and Corning shares rose past 4% pre-bell. Meta Platforms' (META) Facebook and Instagram recovered after a brief outage that affected thousands of users in the US on Sunday night, according to outage-tracking website Downdetector.com. Meta Platforms shares were up more than 2% premarket. Semtech (SMTC) now has full production availability of its mobile transport portfolio of 50G optical transition products, enabling the latest 5G-advanced radio deployments, the company said. Semtech stock was up more than 3% pre-bell.