03:25 PM EDT, 04/06/2026 (MT Newswires) -- Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.5% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.8%.

The Philadelphia Semiconductor index rose 0.8%.

In corporate news, Meta Platforms ( META ) is gearing up to release its first new AI models under Chief AI Officer Alexandr Wang, with plans to offer some versions as open source, Axios reported. Wang aims to make AI widely accessible, focusing on consumer use rather than just governments or enterprises, unlike competitors like Anthropic and OpenAI, the report said. Meta shares were up 0.5%.