03:56 PM EDT, 04/15/2025 (MT Newswires) -- Tech stocks were mixed in late Tuesday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) increasing 0.4% and the SPDR S&P Semiconductor ETF (XSD) shedding 0.5%.

The Philadelphia Semiconductor index rose 0.3%.

In corporate news, Apple's ( AAPL ) main suppliers in India, Foxconn and Tata, shipped nearly $2 billion worth of iPhones in March to the US to get out in front of President Donald Trump's looming tariffs, Reuters reported, citing customs data it reviewed. Apple ( AAPL ) shares eased 0.1%.

Microsoft ( MSFT )-backed (MSFT) OpenAI is developing a new social network similar to X with a focus on ChatGPT's image generation features, The Verge reported. Microsoft ( MSFT ) shares were down 0.6%.

Applied Digital ( APLD ) shares tumbled 36% after it reported overnight fiscal Q3 revenue that missed analysts' expectations.

Elliott Investment Management has taken a position worth over $1.5 billion in Hewlett Packard Enterprise ( HPE ) , Bloomberg reported. HP Enterprise shares climbed 5.3%.

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