03:30 PM EST, 03/07/2025 (MT Newswires) -- Tech stocks rose late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.2% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.2%.

The Philadelphia Semiconductor index advanced 3%.

In sector news, President Donald Trump's administration is considering various measures to limit the use of Chinese AI startup DeepSeek, including a ban of the chatbot from government devices due to national security concerns, the Wall Street Journal reported.

In corporate news, Apple's ( AAPL ) improvements to its voice assistant Siri will be delayed until 2026, Reuters reported. Apple ( AAPL ) shares were rising 1.5%.