01:53 PM EST, 11/14/2025 (MT Newswires) -- Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.5% and the SPDR S&P Semiconductor ETF (XSD) adding 0.2%.

The Philadelphia Semiconductor index increased 0.1%.

In corporate news, Micron Technology ( MU ) is poised to move into new highs in terms of its earning power, given the shortage in dynamic random access memory, or DRAM, Morgan Stanley said in a Thursday note. Morgan Stanley kept its rating at overweight and boosted the price target to $325 from $220. Micron shares jumped past 5%.

Nvidia ( NVDA ) is set to deliver a breakout Q3 as Blackwell enters a full ramp and demand continues to surge, Morgan Stanley said in a Friday note. Morgan Stanley reiterated its overweight rating on Nvidia ( NVDA ) and raised the price target to $220 from $210. Nvidia ( NVDA ) shares rose about 1%.

Alphabet's (GOOGL) Google ( GOOG ) was ordered to pay 573 million euros ($665.8 million) as a result of two antitrust lawsuits brought by German price-comparison shopping websites, Bloomberg reported. Separately, Google ( GOOG ) said Friday it will appeal the European Commission's ad tech ruling about how the company ranks news publishers and has submitted a compliance plan. Alphabet shares were down 0.8%.