Technology stocks broadly rose Tuesday but pulled back from session highs as the market rally showed signed of fading.

Nvidia led the “Magnificent Seven” group’s gains, rallying about 3%. Meta Platforms, Amazon, Tesla, Microsoft and Alphabet rose about 1%. Apple was 1% lower.

The sector is coming off a wild trading session after speculation that the White House could potentially delay tariffs due to volatile swings in the market. Alphabet, Meta, Amazon and Nvidia finished higher, while Apple, Microsoft and Tesla posted losses.

Trump’s wide-sweeping tariff plans have sparked violent turbulence over the past three trading sessions. Trading volume on Monday hit its highest in nearly two decades. Technology stocks gyrated after the Nasdaq Composite posted its worst week in five years and the Magnificent Seven group lost $1.8 trillion in market value over two trading sessions.

Some semiconductor stocks also rebounded Tuesday, with the VanEck Semiconductor ETF adding about 2%. Broadcom gained 5% after announcing a $10 billion share buyback plan through the end of the year. Marvell Technology also bounced more than 3% after agreeing to sell its auto ethernet business for $2.5 billion in cash to Infineon Technologies.

Advanced Micro Devices, Qorvo, Intel and Micron Technology were all lower.

Chipmakers were excluded from the recent tariffs but have come under pressure on worries that higher duties could diminish demand for products they are used in and slow the economy. The sector is also expected to see tariffs further down the road.

WATCH: Tariff volatility erases majority of AI stock gains