Nasdaq jumped dramatically over 600 points Thursday in a relief, ending a six-day losing streak.
The index was up about 2 percent in trading.
Microsoft stock rose 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 applauded the bounce across the board.
Trading volume was elevated against the average.
Analysts pointed out the tech boost in the latest data.
The rally reached most sectors including energy.
Apple stated iPhone sales surged thanks to upgrades.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.