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Sector Update: Tech
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Sector Update: Tech
Feb 11, 2025 12:49 PM

03:29 PM EST, 02/11/2025 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) decreasing 0.2%.

The Philadelphia Semiconductor index added 0.2%.

In corporate news, Meta (META) is in talks to buy South Korean chip startup FuriosaAI, Forbes reported. Meta shares rose 0.7%.

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