03:33 PM EST, 01/15/2025 (MT Newswires) -- Tech stocks rose late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 2.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.5%.

The Philadelphia Semiconductor index added 2.5%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) said the Associated Press agreed to provide real-time information to Gemini chatbot users. Alphabet shares rose 3.2%.