01:25 PM EDT, 07/23/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.3% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%.

The Philadelphia Semiconductor index declined 0.5%.

In corporate news, Texas Instruments ( TXN ) shares fell past 11%. The company issued a Q3 earnings outlook below market estimates at the midpoint amid uncertainties over tariffs and geopolitics, even though its Q2 results topped expectations.