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Sector Update: Tech

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Tech stocks were mixed Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) off 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) adding 0.7%.

The Philadelphia Semiconductor index rose 0.5%.

In corporate news, Intel (INTC) said Tuesday it has priced a public offering of about 210.5 million shares at $95 each. The offering was upsized to $20 billion from $15 billion. The offering was multiple-times oversubscribed, and about 33% of investors who placed orders didn't receive shares, Bloomberg reported. Intel shares were up 0.3%.

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