01:52 PM EDT, 05/16/2025 (MT Newswires) -- Tech stocks were mixed Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) down 0.10% and the SPDR S&P Semiconductor ETF (XSD) up 0.10%.

The Philadelphia Semiconductor index shed 0.40%.

In corporate news, Applied Materials ( AMAT ) shares fell more than 5% after the company late Thursday reported fiscal Q2 revenue that trailed Wall Street estimates.

Take-Two Interactive Software ( TTWO ) shares fell 2.3%. The video game publisher issued a full-year bookings outlook below market estimates, while its fiscal Q4 loss unexpectedly widened.

Doximity ( DOCS ) shares tumbled past 10% following its lower-than-expected fiscal Q1 and 2026 revenue guidance.