03:36 PM EST, 03/04/2025 (MT Newswires) -- Tech stocks gained in late Tuesday afternoon trading with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.6%.

The Philadelphia Semiconductor index advanced 2.2%.

In corporate news, Meta (META) is in talks to build a new data center campus for AI expansion that may cost $200 billion, The Information reported. Meta shares fell 1.4%.