03:17 PM EDT, 08/14/2026 (MT Newswires) -- Tech stocks were mixed late 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 0.9%

In corporate news, Microsoft ( MSFT )-backed (MSFT) OpenAI is set to generate annualized revenue of more than $40 billion as per its current performance as the ChatGPT maker gears up for a market debut, Bloomberg reported. Microsoft ( MSFT ) shares were down 0.3%.