01:01 PM EST, 11/24/2025 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.6% and the SPDR S&P Semiconductor ETF (XSD) gaining 4%.

The Philadelphia Semiconductor index popped 4.6%.

In corporate news, President Donald Trump is considering allowing Nvidia ( NVDA ) to sell advanced AI chips to China, Commerce Secretary Howard Lutnick told Bloomberg TV on Monday. Nvidia ( NVDA ) shares rose 2.1%.