03:27 PM EDT, 05/05/2026 (MT Newswires) -- Tech stocks were higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.3% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 4.2%.

The Philadelphia Semiconductor index climbed 4.2%.

In corporate news, Apple ( AAPL ) will let users select from multiple third-party AI models for tasks across its iOS 27 software, Bloomberg reported. Apple ( AAPL ) shares were up 2.7%.