Sector Update: Tech Stocks Gain Tuesday Afternoon

MT Newswires Live

Jun 25, 2025

Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.8% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.9%.

The Philadelphia Semiconductor index advanced 3.5%.

In corporate news, Ambarella (AMBA) shares jumped past 18% after Bloomberg reported that the company is reviewing alternatives, which may include a potential sale.

Advanced Micro Devices (AMD) shares rose 6% in recent Tuesday trading after CFRA Research upgraded the stock to strong buy from buy and lifted its price target to $165 per share from $125.

Microsoft (MSFT) will reduce its Xbox division workforce next week amid a company-wide reorganization, Bloomberg reported. Microsoft shares were adding more than 1%.

Nano Labs (NA) shares surged 58% after the company said it has entered into a convertible notes purchase agreement to raise $500 million.

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Microsoft shares were adding more than 1%.</p><p>Nano Labs (NA) shares surged 58% after the company said it has entered into a convertible notes purchase agreement to raise $500 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0738911758.USD","symbol_name":"Blackrock Global Equity Income A6 USD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2546375652","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546375652","pubTimestamp":1750787653,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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