Nasdaq jumped significantly over 600 points Thursday finally, ending a six-day losing streak.
The index was higher about 2 percent on Thursday.
Microsoft stock rose 17 percent after the report after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also gained as chips rallied during the session.
Investors cheered the bounce across the board.
Trading volume was strong by a wide margin.
Analysts noted the tech boost due to strong earnings.
The rally impacted most sectors including healthcare.
Apple stated iPhone sales surged driven by new models.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move mirroring US gains.