01:59 PM EDT, 06/18/2024 (MT Newswires) -- Tech stocks were rising Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 0.2% and the SPDR S&P Semiconductor ETF (XSD) up 0.5%.

The Philadelphia Semiconductor index climbed 1.7%.

In corporate news, Nvidia ( NVDA ) shares were up nearly 4% in recent Tuesday afternoon, lifting the company's market capitalization above Microsoft's (MSFT) to become the largest in the world.

Nuvei ( NVEI ) shareholders on Tuesday voted to approve Advent International's $6.3 billion offer to take the payment-technologies firm private. Nuvei ( NVEI ) shares rose 0.4%.

Apple ( AAPL ) has informed at least one supplier of the suspension of work on its next-generation Vision Pro headset, The Information reported Tuesday. Apple ( AAPL ) shares fell 1.3%.