02:00 PM EST, 02/06/2025 (MT Newswires) -- Tech stocks were mixed in Thursday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) fractionally up and the SPDR S&P Semiconductor ETF (XSD) falling 2.6%.

The Philadelphia Semiconductor index eased 0.3%.

In sector news, US lawmakers are planning to propose legislation banning DeepSeek's chatbot app from government-owned devices, citing security concerns that it could send user data to the Chinese government, The Wall Street Journal reported.

In corporate news, Roblox ( RBLX ) shares fell past 13% after the video game platform projected 2025 sales below expectations after reporting mixed Q4 results.

Skyworks Solutions ( SWKS ) shares dropped 23% after it reported fiscal Q1 non-GAAP net income and net revenue late Wednesday that slumped from a year ago.

InterDigital (IDCC) shares jumped past 14% after the company reported Q4 results that beat estimates.