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Sector Update: Tech

-- Tech stocks were higher late Thursday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising nearly 1% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 2.4%.

The Philadelphia Semiconductor index increased 0.8%.

In corporate news, a White House official told Cabinet department officials that the Office of Management and Budget is setting up protections that will allow federal agencies to begin using Amazon-backed (AMZN) Anthropic's new AI model Mythos, Bloomberg reported, citing an email from OMB Chief Information Officer Gregory Barbaccia it reviewed. Amazon shares were fractionally higher.

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