03:52 PM EDT, 03/25/2025 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.7%.

The Philadelphia Semiconductor index fell 0.8%.

In sector news, tech companies such as Nvidia (NVDA) and Oracle (ORCL), as well as foreign government officials, are urging the Trump administration to reconsider its planned restrictions on AI chip exports, Bloomberg reported.

In corporate news, Desktop Metal ( DM ) shares surged 97%. The Delaware Court of Chancery ruled in Desktop Metal's ( DM ) favor in a legal dispute with Nano Dimension ( NNDM ) over their planned merger. Nano Dimension ( NNDM ) shares tumbled 17%.

DatChat ( DATS ) shares jumped 71% after it said its Myseum social media platform for storing and sharing photos and content is available for download on Apple ( AAPL ) iOS and Android devices.

Apple ( AAPL ) is likely to avoid a possible fine after the company changed the iPhone's browser design to comply with the Digital Markets Act, and the European Commission is poised to conclude its investigation early next week, Reuters reported. Apple ( AAPL ) shares rose 1.4%.

CrowdStrike ( CRWD ) shares rose 3.2% after BTIG upgraded the stock to buy from neutral, with a price target of $431.