03:31 PM EST, 02/18/2025 (MT Newswires) -- Tech stocks rose late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.7% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.2%.

The Philadelphia Semiconductor index added 1.8%.

In corporate news, Archer Aviation ( ACHR ) shares popped nearly 3% after it said Tuesday it received Federal Aviation Administration certification to launch its pilot training academy.