Tech stocks rebound after Trump says U.S. won't use military force in Greenland

Group 1: Market Reaction - Technology stocks experienced a rebound on Wednesday, driven by President Trump's decision to rule out military force in Greenland, which alleviated geopolitical concerns that had led to a global sell-off earlier in the week [1][2] - Chip stocks were at the forefront of the tech sector's gains, with Intel rising by 11%, Advanced Micro Devices increasing by approximately 9%, and Arm Holdings up by about 8% [1] - Other notable gains included Micron Technology and Marvell Technology, both of which rose by at least 5% [1] Group 2: Broader Market Trends - On Tuesday, shares of tech companies faced a sell-off after Trump announced new tariffs on eight countries opposing the U.S. acquisition of Greenland during the World Economic Forum in Davos, Switzerland [2] - Following the easing of tensions, Tesla and Nvidia saw gains of more than 2%, while Meta Platforms increased by about 1.5% [3] - Amazon, Salesforce, and Apple also experienced slight increases in their stock prices [3]