03:53 PM EST, 01/02/2025 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.3% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.4%.

The Philadelphia Semiconductor index rose 1%.

In corporate news, SuperCom ( SPCB ) shares surged 54% after the company said it secured two new contracts with unnamed agencies in Kentucky to deploy public safety technologies.

Aware (AWRE) shares fell 14%. The company said its board has named the company's Chief Financial Officer David Traverse as interim chief executive.

Synaptics ( SYNA ) shares jumped past 7% after the firm said it's working with Alphabet's (GOOG) Google ( GOOG ) on Edge AI for the Internet of Things to define the optimal implementation of multimodal processing for context-aware computing. Alphabet shares were fractionally higher.

Nvidia ( NVDA ) invested $1 billion in AI companies last year in deals that ranged across 50 start-up funding rounds and numerous corporate agreements, the Financial Times reported Wednesday. Nvidia ( NVDA ) shares rose 2.5%.