Nasdaq jumped considerably over 600 points Thursday at last, ending a six-day losing streak.
The index was higher about 2 percent this week.
Microsoft stock surged 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced as chips rallied during the session.
Investors cheered the bounce across the board.
Trading volume was strong compared to the norm.
Analysts noted the tech boost in the latest data.
The rally reached most sectors including energy.
Apple stated iPhone sales surged thanks to upgrades.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move reflecting global sentiment.