Sector Update: Tech

03:26 PM EDT, 09/29/2026 (MT Newswires) -- Tech stocks were higher late Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) increasing 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 0.6%. The Philadelphia Semiconductor index advanced 1.4%. In corporate news, Amazon.com-backed (AMZN) Anthropic disclosed agreements with SpaceX's (SPCX) xAI unit that could result in up to $84.5 billion in spending on Nvidia-based (NVDA) computing capacity through 2029, Reuters reported, citing the company's confidential IPO prospectus. Amazon shares were up 0.5%, SpaceX rose 2.3%, and Nvidia was down 0.3%.