03:29 PM EDT, 08/06/2026 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) down 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.8%.

The Philadelphia Semiconductor Index rose 1%.

In corporate news, Apple ( AAPL ) sued Microsoft ( MSFT )-backed (MSFT) OpenAI over trade secret theft, but the AI company asked a federal judge to dismiss the case as meritless, Bloomberg reported, citing a court filing. Apple ( AAPL ) shares were up 0.5%, and Microsoft ( MSFT ) added 2.3%.