04:03 PM EST, 03/04/2025 (MT Newswires) -- Tech stocks were mixed in late Tuesday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) fractionally lower and the SPDR S&P Semiconductor ETF (XSD) adding 0.4%.

The Philadelphia Semiconductor index advanced 0.7%.

In corporate news, Meta (META) is in talks to build a new data center campus for AI expansion that may cost $200 billion, The Information reported. Meta shares fell 2.4%.

Freight Technologies ( FRGT ) shares surged 55% after it said Tuesday it launched its AI Tendering Bot product to automate and streamline the load tendering process for shippers and freight brokers.

Okta ( OKTA ) shares jumped past 24% after the firm lifted its full-year revenue outlook and posted stronger-than-expected fiscal Q4 results.

Apple ( AAPL ) said it has introduced the latest version of its iPad Air tablet with the M3 chip designed for its Intelligence AI platform. Apple ( AAPL ) shares were down 0.9%.