03:11 PM EDT, 09/05/2025 (MT Newswires) -- Tech stocks advanced late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) fractionally higher and the SPDR S&P Semiconductor ETF (XSD) increasing 0.8%.

The Philadelphia Semiconductor index climbed 1.7%.

In corporate news, Bill (BILL) shares climbed past 10% after it said activist investor Starboard Value, which has built an 8.5% stake in the company, plans to mount a campaign to seek changes in its board.