<div id="readability-page-1">03:36 PM EST, 01/28/2026 (MT Newswires) -- Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1% and the State Street SPDR S&amp;P Semiconductor ETF (XSD) adding 2.6%.The Philadelphia Semiconductor index advanced 2.6%.In corporate news, Alphabet's (GOOG) Google ( GOOG ) unit has agreed to pay $135 million to settle a proposed class action alleging that Google ( GOOG ) programmed its Android operating system to collect users' cellular data without permission, Reuters reported Wednesday, citing a court filing. Alphabet shares rose 0.6%.Texas Instruments ( TXN ) shares jumped past 9% after the semiconductor manufacturer issued a Q1 outlook above market estimates at the midpoint, although its results were lower than expected in the prior three-month period.Seagate Technology's ( STX ) shares surged 20% after the data storage company reported overnight fiscal Q2 earnings and sales above market expectations.Avnet (AVT) shares climbed past 13% after it reported higher-than-expected fiscal Q2 results. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

Tech stocks experienced a rise late Wednesday, with the State Street Technology Select Sector SPDR ETF increasing by 1% and the Philadelphia Semiconductor index advancing by 2.6%. Notable corporate news includes Alphabet's Google agreeing to a $135 million settlement over data collection allegations, while Texas Instruments shares jumped over 9% due to a positive Q1 outlook. Seagate Technology's shares surged 20% after exceeding earnings expectations, and Avnet's shares climbed over 13% following strong fiscal Q2 results.

fidelity

iShares Expanded Tech Software Sector ETF

Invesco Semiconductors ETF

Invesco PHLX Semiconductor ETF

indie Semiconductor

Global X Internet

Global X Cloud Computing ETF

Spdr Select Tech

Direxion Daily GOOGL Bull 2X Shares

VanEck Semiconductor ETF

iShares Semiconductor ETF

First Trust Nasdaq Food & Semicon

Avnet

SPDR S&P Software

Seagate Tech

SPDR S&P Semicon

Direxion Semicon Bull 3X

Texas Instruments

ON Semiconductor

Franklin Exponential Data ETF

Global X Data Center & Dgtl Infrs ETF

Alphabet

Alphabet - C

Sector Update: Tech Stocks Rise Late Afternoon