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Sector Update: Tech Stocks Mixed Friday
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Sector Update: Tech Stocks Mixed Friday
Nov 14, 2025 1:28 PM

04:02 PM EST, 11/14/2025 (MT Newswires) -- Tech stocks were mixed Friday with the Technology Select Sector SPDR Fund (XLK) rising 0.6% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%.

The Philadelphia Semiconductor index eased 0.1%.

In corporate news, Apple's ( AAPL ) Apple Pay desktop is expected to be more widely adopted after the holiday season, UBS said. Apple ( AAPL ) shares were easing 0.1%.

Micron Technology ( MU ) is poised to boost earnings power amid a shortage of dynamic random-access memory, Morgan Stanley said Thursday, boosting its price target on the stock to $325 from $220. Micron shares jumped 4.2%.

Nvidia ( NVDA ) is set to deliver a breakout Q3 as Blackwell enters full ramp-up and demand continues to surge, Morgan Stanley said, raising its price target on the stock to $220 from $210. Nvidia ( NVDA ) shares rose 1.7%.

Alphabet's (GOOG) Google ( GOOG ) was ordered to pay 573 million euros ($665.8 million) as a result of two antitrust lawsuits brought by German price-comparison shopping websites, Bloomberg reported. Separately, Google ( GOOG ) plans to appeal the European Commission's ad tech ruling regarding how the company ranks news publishers and has submitted a compliance plan. Alphabet shares fell 0.8%.

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