Nasdaq rose dramatically over 600 points Thursday at last, ending a six-day losing streak.
The index was higher about 2 percent on Thursday.
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 as chips rallied during the session.
Investors welcomed the bounce with optimism.
Trading volume was strong by a wide margin.
Analysts noted the tech boost as the sector surged.
The rally touched most sectors including energy.
Apple stated iPhone sales surged driven by new models.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.