01:03 PM EST, 11/20/2025 (MT Newswires) -- Tech stocks were lower Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each falling 1.7%.

The Philadelphia Semiconductor index dropped 2.5%.

In corporate news, Nvidia ( NVDA ) shares were down 1.4% even after the company reported fiscal Q3 results that surpassed Wall Street's estimates as it continued to benefit from rising demand for artificial intelligence.