<div id="readability-page-1">01:56 PM EDT, 05/19/2026 (MT Newswires) -- Tech stocks were mixed Tuesday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) falling 0.2% and the State Street SPDR S&amp;P Semiconductor ETF (XSD) gaining 1.3%.The Philadelphia Semiconductor index climbed 0.8%.In corporate news, Nvidia's ( NVDA ) fiscal Q1 sales are expected to outperform market projections, with potential for &#34;enhanced&#34; cash returns likely to be among the key areas of focus, BofA Securities said. Nvidia ( NVDA ) shares were little changed.Meta Platforms ( META ) is moving 7,000 employees into new AI-focused roles as part of a broader restructuring that also includes planned job cuts later this week, Bloomberg reported Monday. Meta shares fell 1.5%.ASML ( ASML ) plans to begin receiving chip equipment made by its newest machines within months, Reuters reported, citing CEO Christophe Fouquet. ASML ( ASML ) shares fell 0.5%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

METU

NVDY

Tech stocks showed mixed performance with the State Street Technology Select Sector SPDR ETF (XLK) down 0.2% and the S&P Semiconductor ETF (XSD) up 1.3%. Nvidia's fiscal Q1 sales are projected to exceed expectations, while Meta Platforms is restructuring, moving 7,000 employees to AI roles and planning job cuts, resulting in a 1.5% drop in shares. ASML's shares fell 0.5% as it prepares to receive new chip equipment soon.

- Tech stocks exhibited mixed results, with the State Street Technology Select Sector SPDR ETF falling by 0.2% while the State Street SPDR S&P Semiconductor ETF rose by 1.3%.  
- Nvidia's fiscal Q1 sales are projected to exceed market expectations, highlighting potential for improved cash returns.  
- Meta Platforms is reallocating 7,000 employees to AI-focused roles amidst a major restructuring, contributing to a 1.5% drop in its shares.

Fidelity

Meta Platforms

Direxion Daily Meta Bull 2x Shares

YieldMax NVDA Option Income Strategy ETF

T-Rex 2X Long NVIDIA Daily Target ETF

GraniteShares 2x Long META Daily ETF

SPDR S&P Semicon

Direxion Semicon Bull 3X

GraniteShares 2x Long NVDA Daily ETF

Roundhill META WeeklyPay ETF

Spdr Select Tech

Leverage Shares 2X Long ASML Daily ETF

iShares Semiconductor ETF

Direxion Daily NVDA Bull 2X Shares

VanEck Semiconductor ETF

NVIDIA

ASML

NVIDIA Corporation

Sector Update: Tech Stocks Mixed in Afternoon Trading