08:51 AM EDT, 05/15/2026 (MT Newswires) -- Technology stocks were falling premarket Friday, with the State Street Technology Select Sector SPDR Fund (XLK) down 2.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 4.1% lower.

Taiwan Semiconductor Manufacturing (TSM) plans to sell a significant stake, comprising 152 million shares or around an 8.1% interest, in Vanguard International Semiconductor, the company said. Shares of Taiwan Semiconductor Manufacturing were down more than 3% pre-bell.