Technology stocks were advancing pre-bell Friday, with the Technology Select Sector SPDR Fund (XLK) up 1.1% and the SPDR S&P Semiconductor ETF (XSD) nearly 2% higher.

Apple's (AAPL) fiscal Q1 revenue is expected to rise by 10% to 12% year-over-year, while iPhone revenue is projected to increase by double digits, Chief Financial Officer Kevan Parekh said. Separately, Apple reported higher fiscal Q4 earnings and revenue. Shares of Apple were up more than 2% premarket.

Nvidia (NVDA) stock was up 1.9% after the company said it has expanded its partnerships with Hyundai Motor Group, SK Group, and Samsung Electronics to build advanced AI factories in South Korea powered by its Blackwell GPUs. Separately, Bloomberg reported that Nvidia is planning to invest as much as $1 billion in artificial intelligence startup Poolside.

Pony.ai (PONY) shares were up more than 4% after the company said it was jointly granted Shenzhen's first citywide permit to operate fully driverless commercial robotaxi operations with Shenzhen Xihu.