01:33 PM EST, 11/25/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon with the Technology Select Sector SPDR Fund (XLK) easing 0.1% and the SPDR S&P Semiconductor ETF (XSD) rising 3%.

The Philadelphia Semiconductor index added 0.7%.

In corporate news, quantum computing stocks gained after Amazon.com's ( AMZN ) Amazon Web Services announced the launch of the Quantum Embark Program, which is designed to help businesses prepare for quantum computing adoption. Shares of Quantum (QMCO) more than doubled, Rigetti Computing ( RGTI ) soared 57%, Quantum Computing ( QUBT ) jumped 19% and D-Wave Quantum ( QBTS ) climbed 1.7%.