Sector Update: Tech

Sector Update: Tech

MT newswire2026/10/15 12:51

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08:51 AM EDT, 10/15/2026 (MT Newswires) -- Technology stocks were falling premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 3.4%. Taiwan Semiconductor Manufacturing (TSM) shares were down more than 3% even after the company posted higher Q3 net income and revenue.

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In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

华尔街见闻•2026/11/08 12:41