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Sector Update: Tech

Tech stocks were mixed Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) fractionally lower and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.2%.The Philadelphia Semiconductor index climbed 1.9%.In corporate news, Microsoft-backed (MSFT) OpenAI said on X that it is offering a new ChatGPT Pro tier for $100 per month. Also, OpenAI expects to report $2.5 billion in ad revenue this year and $100 billion by 2030, Axios reported. Microsoft shares were down 0.5%.

-- Tech stocks were mixed Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) fractionally lower and the State Street SPDR S&P Semiconductor ETF (XSD) adding 1.2%.

The Philadelphia Semiconductor index climbed 1.9%.

In corporate news, Microsoft-backed (MSFT) OpenAI said on X that it is offering a new ChatGPT Pro tier for $100 per month. Also, OpenAI expects to report $2.5 billion in ad revenue this year and $100 billion by 2030, Axios reported. Microsoft shares were down 0.5%.