Nasdaq rose dramatically over 600 points Thursday finally, ending a six-day losing streak.
The index was up about 2 percent this week.
Microsoft stock soared 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced on the back of demand during the session.
Investors applauded the bounce across the board.
Trading volume was elevated by a wide margin.
Analysts observed the tech boost in the latest data.
The rally touched most sectors including finance.
Apple reported iPhone sales surged driven by new models.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move in line with Wall Street.