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Sector Update: Tech
Jun 17, 2026 10:29 AM

01:03 PM EDT, 06/17/2026 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.1% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.2%.

The Philadelphia Semiconductor index climbed 3.2%.

In corporate news, Intel ( INTC ) has started risk production of its most advanced chip node, 18A-P, bringing the company closer to a potential deal to make chips for Apple ( AAPL ) , CNBC reported Tuesday. Intel ( INTC ) shares climbed 4.3%, and Apple ( AAPL ) was decreasing 0.6%.

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