Tech stocks moved broadly higher late Thursday afternoon, with several major names posting notable gains across the sector.
Palantir Technologies (NASDAQ: PLTR) led the charge with an impressive gain of 7.71%, standing out as the session’s strongest performer among large-cap tech names.
Nvidia (NASDAQ: NVDA) also posted gains, rising 1.80% as investor appetite for semiconductor and AI-linked stocks remained firm throughout the session.
Broadcom (NASDAQ: AVGO) bucked the broader trend, declining 2.74% and standing as one of the more notable laggards in an otherwise positive afternoon for the sector.
The State Street Technology Select Sector SPDR ETF (NYSEARCA: XLK) gained 1.30%, reflecting the generally positive tone across large-cap technology holdings.
The SPDR S&P Semiconductor ETF (NYSEARCA: XSD) edged up 0.24%, suggesting a more measured but still positive session for the broader semiconductor segment.
The gains in tech came as markets moved through the final hours of Thursday’s trading session, with momentum building steadily through the afternoon.
Palantir’s outsized move drew particular attention from traders, as the data analytics company’s stock has remained a closely watched name among growth-oriented investors.
Nvidia’s continued strength underscores sustained confidence in the AI infrastructure buildout narrative that has driven much of the sector’s performance in recent periods.
Broadcom’s decline was a rare soft spot in a session that otherwise favored technology exposure, with the chipmaker moving against the grain of its sector peers.
The mixed signals within semiconductors, with Nvidia rising and Broadcom falling, highlight the stock-specific dynamics that continue to shape trading within the broader tech universe.
Overall, Thursday’s late-afternoon session reinforced the resilience of technology as a sector, with gains spread across both pure software plays and hardware-adjacent names.
