<div id="readability-page-1">01:39 PM EST, 12/22/2025 (MT Newswires) -- Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 0.5% and the State Street SPDR S&amp;P Semiconductor ETF (XSD) adding 1.9%.The Philadelphia Semiconductor index advanced 1.1%.In corporate news, Clearwater Analytics ( CWAN ) shares jumped past 8% as the software-as-a-service company agreed to be acquired and taken private by an investor group led by Permira and Warburg Pincus in a deal worth about $8.4 billion.Alphabet (GOOG) shares rose 0.6% after it said Monday that it agreed to buy Intersect for $4.75 billion in cash, plus debt, in a deal that will boost its power generation capacity amid rising demand for data centers.Nvidia ( NVDA ) has told Chinese customers that it plans to start shipping its H200 AI chips to China by mid-February, Reuters reported. Nvidia ( NVDA ) shares gained 1.2%. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

CWAN

Tech stocks rose Monday afternoon with the State Street Technology Select Sector SPDR ETF up 0.5% and the State Street SPDR S&P Semiconductor ETF up 1.9%. Clearwater Analytics shares surged over 8% on acquisition news. Alphabet shares increased 0.6% after announcing a $4.75 billion acquisition. Nvidia shares gained 1.2% as it plans to ship H200 AI chips to China by mid-February.

Sector Update: Tech Stocks Rise in Afternoon Trading