01:02 PM EST, 11/03/2025 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the SPDR S&P Semiconductor ETF (XSD) shedding 1%.

The Philadelphia Semiconductor index climbed 1.1%.

In corporate news, Amazon.com ( AMZN ) secured a $38 billion deal with OpenAI that allows the Microsoft-backed (MSFT) AI research lab to run its workloads on Amazon's ( AMZN ) cloud computing division. Amazon ( AMZN ) shares jumped nearly 5%.