03:04 PM EDT, 07/29/2026 (MT Newswires) -- Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.6% and the State Street SPDR S&P Semiconductor ETF (XSD) up 0.1%.

The Philadelphia Semiconductor index shed 0.7%.

In corporate news, Microsoft ( MSFT )-backed (MSFT) OpenAI's ChatGPT is nearing 1 billion weekly active users, The Information reported. OpenAI originally targeted to hit the milestone by the end of last year, the report said. Microsoft ( MSFT ) shares were up 1.3%.