01:31 PM EDT, 06/23/2025 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.9% and the SPDR S&P Semiconductor ETF (XSD) falling 0.3%.

The Philadelphia Semiconductor index rose 0.3%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) cut its Google TV and Android TV budget by 10% and trimmed staff, The Information reported. Alphabet shares were down 2.4%.