01:19 PM EST, 11/12/2025 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) adding 0.7%.

The Philadelphia Semiconductor index rose 1.4%.

In corporate news, Advanced Micro Devices ( AMD ) shares jumped 8% after the chipmaker set long-term financial targets, including robust revenue and earnings growth, fueled by its data center and client and gaming businesses.