03:50 PM EDT, 03/25/2024 (MT Newswires) -- Tech stocks were mixed in late Monday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) shedding 0.4% and the SPDR S&P Semiconductor ETF (XSD) up 0.1%.

The Philadelphia Semiconductor Index rose 0.1%.

In corporate news, Aehr Test Systems ( AEHR ) shares plunged 23% after the company said fiscal Q3 results and 2024 outlook probably will trail analyst projections.

Maris-Tech (MTEK) jumped 6% after the company said Monday it was accepted into Renesas Electronics' preferred partner program.

Super Micro Computer ( SMCI ) shares climbed almost 9% as JPMorgan started the stock with an overweight rating and a $1,150 price target. Also, Northland raised Super Micro's share-price target to $1,300 from $925 while keeping the outperform rating.

Take-Two Interactive Software ( TTWO ) tumbled 4% after a Kotaku report said that the highly anticipated Grand Theft Auto 6 video game may miss the 2025 release window.