03:59 PM EST, 11/12/2025 (MT Newswires) -- Tech stocks edged up late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each adding about 0.1%.

The Philadelphia Semiconductor index rose 1.3%.

In corporate news, Nvidia ( NVDA ) plans to invest $1 billion to develop an AI-focused green data center in the northern Mexican state of Nuevo Leon, Reuters reported Wednesday, citing an announcement by Governor Samuel Garcia alongside representatives from Nvidia ( NVDA ). Nvidia ( NVDA ) shares were up 0.1%.

Amazon ( AMZN )-backed (AMZN) Anthropic said Wednesday it will invest $50 billion in American computing infrastructure, including the construction of custom data centers in Texas and New York, with more sites to be announced. Amazon ( AMZN ) shares were down 1.7%.

Advanced Micro Devices ( AMD ) shares jumped 8.6% after the chipmaker set long-term financial targets, including robust revenue and earnings growth, fueled by its data center and client and gaming businesses.

Clearwater Analytics ( CWAN ) is considering a sale of the firm after receiving interest in a possible takeover, Bloomberg reported late Tuesday. Clearwater shares surged 7.3%.

Appian (APPN) shares gained 3% after the firm said Wednesday that it has added new artificial intelligence capabilities to its platform, including embedding AI agents into its processes.