01:07 PM EST, 11/14/2025 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) adding 0.5%.

The Philadelphia Semiconductor index increased 0.5%.

In corporate news, Micron Technology ( MU ) is poised to move into new highs in terms of its earning power, given the shortage in dynamic random access memory, or DRAM, Morgan Stanley said in a Thursday note. Morgan Stanley kept its rating at overweight and boosted the price target to $325 from $220. Micron shares jumped past 6%.