01:53 PM EDT, 07/16/2025 (MT Newswires) -- Tech stocks were mixed Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) easing 0.1% and the SPDR S&P Semiconductor ETF (XSD) adding 0.2%.

The Philadelphia Semiconductor index fell 1.2%.

In corporate news, ASML ( ASML ) shares fell 8.8% after its fiscal Q3 sales guidance missed Wall Street estimates. The company cited "increasing uncertainty driven by macroeconomic and geopolitical developments" as clouding the 2026 outlook.

Bitmine Immersion Technologies ( BMNR ) shares jumped past 19% after Peter Thiel's Founders Fund acquired about 5 million shares of the bitcoin miner.

Rigetti Computing ( RGTI ) shares climbed 30% after the company said it reached its midyear goal by achieving 99.5% median two-qubit gate fidelity on its new 36-qubit system, effectively halving the error rate for two-qubit operations compared with its earlier 84-qubit Ankaa-3 chip system.

Hewlett Packard Enterprise ( HPE ) shares rose 0.4% after the company said Wednesday it has entered into a cooperation agreement with Elliott Investment Management.