01:09 PM EDT, 09/11/2025 (MT Newswires) -- Tech stocks were higher Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) adding 0.9%.

The Philadelphia Semiconductor index increased 0.7%.

In corporate news, Micron Technology ( MU ) shares jumped past 9%. Citigroup analysts raised their price target to $175 from $150 while maintaining a buy rating on the stock due to an increase in demand for dynamic random-access memory chips, as well as the chipmaker's AI exposure.