Sector Update: Tech

MT newswire2026/10/09 19:22

03:22 PM EDT, 10/09/2026 (MT Newswires) -- Tech stocks were mixed Friday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.7% and the State Street SPDR S&P Semiconductor ETF (XSD) easing 0.1%. The Philadelphia Semiconductor Index declined 0.3%. In corporate news, Nvidia (NVDA) plans to invest in rival d-Matrix, a developer of AI server chips, The Information reported. Nvidia shares fell 0.3%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.