Technology stocks were slipping premarket Thursday. The Technology Select Sector SPDR Fund (XLK) was down 0.70%, and the iShares Semiconductor ETF (SOXX) was more than 1% lower recently.

Western Digital (WDC) has restarted talks with Japan’s Kioxia Holdings for a potential merger, Bloomberg reported, citing people familiar with the matter. Western Digital was recently climbing past 4%.

Semantix (STIX) was up more than 3% after saying it has agreed to acquire Elemeno, a cloud-managed, machine learning operations platform.

Xerox (XRX) was more than 1% higher after saying it entered into a forward funding agreement with PEAC Solutions to drive further growth in its equipment leasing and financing business FITTLE.

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