03:59 PM EDT, 05/20/2025 (MT Newswires) -- Tech stocks were mixed late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) shedding 0.5% and the SPDR S&P Semiconductor ETF (XSD) little changed, erasing earlier declines.

The Philadelphia Semiconductor index eased 0.2%.

In corporate news, Alphabet's (GOOG) Google ( GOOG ) and XREAL teamed up to introduce augmented-reality glasses for the Android XR platform under Project Aura. Alphabet shares fell 1.6%.

Shipments of smartphones, including Apple ( AAPL ) iPhones, from China to the US fell to the lowest in 14 years, Bloomberg reported. Apple ( AAPL ) shares dropped 1%.

D-Wave Quantum ( QBTS ) shares jumped 26% after the company said its Advantage2 quantum computing system is now generally available.