01:03 PM EDT, 03/31/2026 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 3.4% and the State Street SPDR S&P Semiconductor ETF (XSD) gaining 4.9%.

The Philadelphia Semiconductor index popped 4.6%.

In corporate news, Nvidia ( NVDA ) has invested $2 billion in Marvell Technology ( MRVL ) as part of a partnership between the companies. Nvidia ( NVDA ) shares climbed 4.9%, and Marvell ( MRVL ) jumped past 11%.