01:12 PM EDT, 05/26/2026 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 4.2%.

The Philadelphia Semiconductor index popped 4.7%.

In corporate news, Micron Technology's ( MU ) market capitalization touched $1 trillion for the first time after several bullish analyst reports. Its shares jumped 18%.