01:25 PM EST, 11/26/2024 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.6%. The Philadelphia Semiconductor index fell 1.5%.

In corporate news, Semtech ( SMTC ) shares jumped past 18% after the company posted fiscal Q3 non-GAAP earnings, net sales, and fiscal Q4 non-GAAP EPS guidance that topped consensus estimates.