Nasdaq rose considerably over 600 points Thursday at last, ending a six-day losing streak.
The index was up 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 moved higher as chips rallied during the session.
Investors cheered the bounce with optimism.
Trading volume was elevated by a wide margin.
Analysts pointed out the tech boost due to strong earnings.
The rally reached most sectors including finance.
Apple said iPhone sales surged after a launch.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move reflecting global sentiment.