01:21 PM EDT, 08/08/2025 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) adding 0.7%.

The Philadelphia Semiconductor index advanced 0.5%.

In corporate news, Gen Digital ( GEN ) shares jumped 9% after some analysts, including from RBC and Wells Fargo, raised their price targets on the stock following its fiscal Q1 earnings beat.