03:56 PM EDT, 09/04/2024 (MT Newswires) -- Tech stocks were mixed late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) shedding less than 0.1% and the SPDR S&P Semiconductor ETF (XSD) 0.5% higher.

The Philadelphia Semiconductor Index rising 0.2%.

In corporate news, a federal judge denied a motion for a preliminary injunction against Meta Platforms ( META ) requested by Robert F. Kennedy Jr. over alleged censorship on the company's platforms. Meta shares were rising 0.6%.

Intel ( INTC ) is urging the federal government to hasten the release of funding under the 2022 Chips and Science Act as it currently faces financial challenges, Bloomberg reported Wednesday. Intel ( INTC ) shares were falling 4%.

Zscaler ( ZS ) shares tumbled past 18%, a day after the company's fiscal 2025 earnings outlook missed Wall Street's estimates following stronger-than-expected Q4 results.

GitLab ( GTLB ) shares surged past 21% as it lifted its full-year outlook and reported stronger-than-expected fiscal Q2 results.