01:20 PM EDT, 05/22/2025 (MT Newswires) -- Tech stocks were higher Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) rising 1.1%.

The Philadelphia Semiconductor index eased 0.1%.

In corporate news, Snowflake (SNOW) shares jumped past 10% as the data platform company lifted its full-year product revenue outlook and reported better-than-expected fiscal Q1 results.