<div id="readability-page-1">03:56 PM EST, 12/01/2025 (MT Newswires) -- Tech stocks were mixed late Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) fractionally higher and the SPDR S&amp;P Semiconductor ETF (XSD) falling 1%.The Philadelphia Semiconductor index added 0.1%.In corporate news, Zscaler's ( ZS ) shares dropped 3.2% after Bernstein downgraded the stock to market perform from outperform with a price target of $264.Strategy (MSTR) set up a $1.44 billion reserve in dollars to support dividend payments on its preferred stock and interest on outstanding debt. The shares fell 3.6%.Synopsys ( SNPS ) reported a deepening of its partnership with Nvidia ( NVDA ) to link its engineering software more closely with the chipmaker's AI and accelerated computing platforms alongside a $2 billion equity investment. Synopsys ( SNPS ) shares jumped 5.4%, and Nvidia ( NVDA ) rose 1.4%.Shopify ( SHOP ) is facing an outage with merchants experiencing issues when trying to login to the company's platform, the Canadian e-commerce firm said on its operational status blog on Monday. Its shares fell 5%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

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Tech stocks showed mixed performance with XLK slightly up and XSD down 1%. Zscaler shares fell 3.2% after a downgrade. Strategy set up a $1.44 billion reserve, shares down 3.6%. Synopsys deepened its partnership with Nvidia, shares up 5.4%. Shopify faced a platform outage, shares down 5%. MT Newswires advises against unauthorized reproduction.

Sector Update: Tech Stocks Mixed Late Afternoon