03:56 PM EST, 11/11/2025 (MT Newswires) -- Tech stocks were lower late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the SPDR S&P Semiconductor ETF (XSD) falling 2.4%.

The Philadelphia Semiconductor index declined 2.4%.

In corporate news, C3.ai ( AI ) shares dropped 4.5% after Reuters reported the company is mulling a sale after Thomas Siebel stepped down as CEO over health concerns.

Nvidia ( NVDA ) shares fell 2.9% after SoftBank said it has sold its entire stake in the chipmaker for $5.83 billion.

CoreWeave ( CRWV ) shares tumbled past 15% after the company lowered its full-year revenue outlook due to a delay at one of its third-party data center providers, even though it recorded better-than-expected Q3 results.

Alphabet's (GOOG) Google ( GOOG ) will invest about 5 billion euros ($5.8 billion) in Germany, Reuters reported. Google ( GOOG ) plans to build a new data center near Frankfurt and expand its facility in the city of Hanau, the report said. Alphabet shares edged up 0.4%.

Microsoft ( MSFT ) will invest $10 billion to build an AI data center on Portugal's coast, news outlets reported Tuesday. Microsoft ( MSFT ) shares rose 0.6%.