Nasdaq climbed dramatically over 600 points Thursday at last, ending a six-day losing streak.
The index was gaining about 2 percent this week.
Microsoft stock soared 17 percent after the report after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also gained on the back of demand during the session.
Investors applauded the bounce in the market.
Trading volume was above average against the average.
Analysts noted the tech boost due to strong earnings.
The rally reached most sectors including healthcare.
Apple reported iPhone sales surged thanks to upgrades.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move in line with Wall Street.