01:03 PM EST, 11/05/2025 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.8% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.6%.

The Philadelphia Semiconductor index popped 3.2%.

In corporate news, Advanced Micro Devices' ( AMD ) Q3 results rose above Wall Street's estimates as the company continued to benefit from strong demand for its processors and AI chips. Its shares gained 2.6%.