Stocks rose on Wednesday, marked by a rebound in technology names following their sell-off in the prior day as the names continue to seesaw in what has been a volatile month for the trade.

The S&P 500 gained 0.28%, while the Nasdaq Composite climbed 0.39%. The Dow Jones Industrial Average hit a fresh record, rising 144.8 points, or 0.3%.

Advanced Micro Devices shares popped more than 6% on the heels of CEO Lisa Su saying Tuesday that the company anticipates the total market for artificial intelligence data center parts and systems will reach $1 trillion by 2030. Su also said that the company should see its overall revenue growth increase as a result of 「insatiable」 demand for AI chips.

Elsewhere in tech, Nvidia shares rose 0.7% after Foxconn, one of its suppliers, reported a 17% year-over-year increase in earnings. Both Nvidia and AMD had come under pressure during Tuesday’s session, dropping about 3% and more than 2%, respectively. Those two and others like Oracle swinging lower in the previous session reflect the uneasy sentiment among investors that tech valuations could be stretched after their recent surge.

Investors are keeping an eye on Washington, as the U.S. government could reopen as soon as the end of this week. The Senate on Monday evening passed a spending bill that has since moved to the House of Representatives for a final vote.