US Stock Market Move | Nasdaq rose by 1%, most tech stocks went up, Marvell Technology, Inc. (MRVL.US) rose more than 7%.

On Tuesday, US stocks rose, with the Nasdaq extending its gains to 1% during the trading day. Most of the star tech stocks were up, with Marvell Technology, Inc. rising over 7%, Intel Corporation rising over 6%, Advanced Micro Devices (AMD.US) and SpaceX rising over 4%, Apple Inc. rising over 2%, and NVIDIA Corporation rising over 1%. On the news front, on Monday, a team led by Goldman Sachs Group, Inc. analyst Ben Snider released a report stating that earnings for S&P 500 companies in the second quarter are expected to surge 22% year-on-year, a target that companies should be able to easily achieve. They wrote in the report that as this year's stock market gains largely depend on performance, the upcoming earnings season will be an important catalyst for driving the market. Goldman Sachs Group, Inc. also highlighted that during this earnings season, investors will focus on AI spending by non-large tech companies, and whether these investments are starting to show returns - especially in AI infrastructure companies. These companies are expected to contribute nearly 60% of the earnings growth per share of the S&P 500 index for the quarter, with just Micron Technology, Inc. and NVIDIA Corporation possibly contributing over 40% of the growth.