US Stock Market Move | Nasdaq rose 1%, most of the technology stocks increased, Intel Corporation (INTC.US) rose nearly 11%.

On Wednesday, the US stock market saw an increase, with the Nasdaq rising 1%. Most of the star tech stocks rose, with Intel Corporation (INTC.US) climbing nearly 11%, reaching a total market value of over $250 billion, the highest in four years. Advanced Micro Devices, Inc. (AMD.US) rose more than 8%, Micron Technology, Inc. (MU.US) rose over 6%, Tesla, Inc. (TSLA.US) rose over 2%, NVIDIA Corporation (NVDA.US), Alphabet Inc. Class CA (GOOGL. US) rose over 1%. On the news front, US President Trump gave a speech at the World Economic Forum in Davos, Switzerland, drawing high attention from the international political and market spheres. Regarding the Greenland issue, Trump explicitly stated that he would not use military force, saying "I don't need to use force, and I don't want to use force." Additionally, Trump said, "I will soon announce a new Federal Reserve Chairman. He will be a male. I think he will do very well and will be a highly respected person."