Nasdaq jumped significantly over 600 points Thursday finally, ending a six-day losing streak.
The index was higher about 2 percent in trading.
Microsoft stock soared 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also moved higher amid optimism during the session.
Investors welcomed the bounce across the board.
Trading volume was above average compared to the norm.
Analysts observed the tech boost in the latest data.
The rally reached most sectors including energy.
Apple reported iPhone sales surged thanks to upgrades.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.