Sector Update: Tech — TradingView News

Tech stocks were higher late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.5% and the SPDR S&P Semiconductor ETF (XSD) climbing 2.6%. The Philadelphia Semiconductor index advanced 2.9%. In corporate news, Microsoft MSFT plans to spend $80 billion in fiscal 2025 on data centers for artificial intelligence, Bloomberg reported Friday, citing…

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