01:52 PM EST, 03/04/2025 (MT Newswires) -- Tech stocks were higher in Tuesday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) rising 0.9%.

The Philadelphia Semiconductor index climbed 1%.

In corporate news, Okta ( OKTA ) shares jumped past 17% after the firm lifted its full-year revenue outlook and posted stronger-than-expected fiscal Q4 results.

Apple ( AAPL ) said it has introduced the latest version of its iPad Air tablet with the M3 chip designed for its Intelligence AI platform. Apple ( AAPL ) shares were down 0.3%.

Sea (SE) shares jumped 7% after it reported stronger-than-expected Q4 revenue.