01:26 PM EST, 02/24/2025 (MT Newswires) -- Tech stocks fell Monday afternoon with the Technology Select Sector SPDR Fund (XLK) shedding 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 0.8%.

The Philadelphia Semiconductor index declined 0.5%.

In corporate news, Apple ( AAPL ) plans more than $500 billion in US investments over the next four years, including an artificial intelligence server factory in Texas. Apple ( AAPL ) shares climbed 1%.