01:44 PM EDT, 04/08/2025 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.9% and the SPDR S&P Semiconductor ETF (XSD) falling 2%.

The Philadelphia Semiconductor index rose 0.8%.

In corporate news, Microsoft ( MSFT ) and Alphabet's (GOOG) cloud computing partnerships with AI companies came under scrutiny by US senators over antitrust concerns, Reuters reported. Microsoft ( MSFT ) shares rose 1% and Alphabet was up 0.5%.