01:37 PM EST, 02/14/2025 (MT Newswires) -- Tech stocks rose Friday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) adding 0.4%.

The Philadelphia Semiconductor index was little changed.

In corporate news, Applied Materials ( AMAT ) shares fell 6.8%, a day after the company issued a downbeat fiscal Q2 revenue outlook at the midpoint amid the impact of US restrictions on exports to China.