01:38 PM EST, 02/06/2025 (MT Newswires) -- Tech stocks were mixed Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) falling 2.1%.

The Philadelphia Semiconductor index eased 0.2%.

In sector news, US lawmakers are planning to propose legislation banning DeepSeek's chatbot app from government-owned devices, citing security concerns that it could send user data to the Chinese government, The Wall Street Journal reported.

In corporate news, Roblox ( RBLX ) shares fell 14% after the video game platform projected 2025 sales below expectations after reporting mixed Q4 results.