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Sector Update: Tech
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Sector Update: Tech
Sep 4, 2025 12:51 PM

03:23 PM EDT, 09/04/2025 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) rising 1.4%.

The Philadelphia Semiconductor index added 1.3%.

In corporate news, Texas Instruments ( TXN ) shares fell 3.8% after Chief Financial Officer Rafael Lizardi reportedly said that the company's recovery is not happening with the velocity that some have anticipated.

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