01:00 PM EDT, 08/12/2026 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.7% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.4%

The Philadelphia Semiconductor index climbed 3.2%.

In corporate news, Super Micro Computer's ( SMCI ) shares jumped past 16% after the company released an upbeat fiscal 2027 revenue outlook.