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Sector Update: Tech Stocks Mixed Tuesday Afternoon
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Sector Update: Tech Stocks Mixed Tuesday Afternoon
Sep 16, 2025 11:10 AM

01:56 PM EDT, 09/16/2025 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) shedding 0.3% and the SPDR S&P Semiconductor ETF (XSD) up 0.3%.

The Philadelphia Semiconductor index was little changed.

In corporate news, Salesforce ( CRM ) shares were down 1.1%. The company said it plans to invest $6 billion in its UK business through 2030 to back the transformation of UK and European companies into agentic enterprises.

Amazon.com's ( AMZN ) Project Kuiper satellite internet venture plans to offer services to the US, Canada, France, Germany, and the UK by the end of Q1, Bloomberg reported late Monday. Amazon ( AMZN ) shares rose 1.6%.

Nvidia's ( NVDA ) newest AI chip for the Chinese market has met with lukewarm demand and some major tech firms have not placed orders, Reuters reported. Nvidia ( NVDA ) was down 1.5%.

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