Nasdaq climbed dramatically over 600 points Thursday in a relief, ending a six-day losing streak.
The index was gaining about 2 percent this week.
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 welcomed the bounce across the board.
Trading volume was above average against the average.
Analysts noted the tech boost in the latest data.
The rally impacted most sectors including energy.
Apple reported iPhone sales surged after a launch.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move reflecting global sentiment.