Sector Update: Tech Stocks Advance Late Afternoon – TradingView
Tech stocks were higher late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.9% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.7%.
The Philadelphia Semiconductor index gained 1.5%.
In corporate news, Alphabet's 
GOOG Google said Tuesday it's making available a new version of its search engine that includes artificial intelligence-backed responses to users in the US this week. Alphabet shares rose 0.9%.
Taiwan Semiconductor Manufacturing 
2330 intends to start construction of its first European plant in Q4 in Dresden, Germany, Reuters reported Tuesday, citing Paul de Bot, the company's European chief. Its shares spiked 3.4%.
Oracle 
ORCL executives are discussing a $10 billion deal to rent cloud servers over a period of years to Elon Musk's artificial intelligence startup xAI, the Information reported. Oracle shares spiked 3.8%.
Alibaba 
BABA shares tumbled 6.4% after it reported weaker-than-expected fiscal Q4 earnings despite revenue gains in the company's e-commerce, cloud and logistics segments.
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