03:06 PM EDT, 08/13/2026 (MT Newswires) -- Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.4% and the State Street SPDR S&P Semiconductor ETF (XSD) fractionally higher. The Philadelphia Semiconductor index climbed up 1.7%.

In corporate news, Amazon ( AMZN )-backed (AMZN) Anthropic Chief Financial Officer Krishna Rao is leading early meetings with prospective investors ahead of a potential initial public offering, CNBC reported. The talks have been high-level but have not included discussions about Anthropic's valuation or other specific financials, the report said. Amazon ( AMZN ) shares were down 0.4%.