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Sector Update: Tech

MT Newswires Live04:27

Tech stocks were higher late Wednesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 3.4% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 4.8%.

The Philadelphia Semiconductor index climbed 6%.

In corporate news, Super Micro Computer (SMCI) shares gained past 9% after it said Wednesday its H15 server lineup using sixth-generation Advanced Micro Devices (AMD) EPYC processors is now shipping.

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