01:00 PM EDT, 08/14/2026 (MT Newswires) -- Tech stocks were mixed Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.6% and the State Street SPDR S&P Semiconductor ETF (XSD) up 0.7%.

The Philadelphia Semiconductor index shed 1.1%

In corporate news, Applied Materials ( AMAT ) shares fell 5% after the company late Thursday reported lower free cash flow for the first nine months of the fiscal year as capital expenditures climbed sharply.