Nasdaq jumped significantly over 600 points Thursday at last, ending a six-day losing streak.
The index was gaining about 2 percent on Thursday.
Microsoft stock rose 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also gained as chips rallied during the session.
Investors applauded the bounce with optimism.
Trading volume was elevated against the average.
Analysts pointed out the tech boost due to strong earnings.
The rally reached most sectors including healthcare.
Apple said iPhone sales surged thanks to upgrades.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move mirroring US gains.