U.S. stocks edged higher on Tuesday, with all major indexes hitting record highs as momentum from the artificial intelligence boom continued to lift markets.

The S&P 500 rose slightly, while the Dow Jones and Nasdaq also posted gains despite mixed intraday trading.

Tech-related stocks led the rally, with Hewlett Packard Enterprise surging after strong earnings tied to AI demand.

Marvell Technology jumped sharply after bullish comments from Nvidia’s CEO about its growth potential in the AI sector, the AP has reported.

The gains reflect continued investor enthusiasm for companies benefiting from artificial intelligence expansion, even as some major tech names saw minor pullbacks.