03:26 PM EDT, 04/10/2026 (MT Newswires) -- Tech stocks were higher late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) up 0.7% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 2.4%.

The Philadelphia Semiconductor index climbed nearly 3%.

In corporate news, Amazon ( AMZN )-backed (AMZN) Anthropic is exploring plans to design its own AI chips as it grapples with industry-wide shortages, Reuters reported. Amazon ( AMZN ) shares were up 2%.