Nasdaq climbed considerably over 600 points Thursday at last, ending a six-day losing streak.
The index was up about 2 percent this week.
Microsoft stock soared 17 percent following earnings after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced amid optimism during the session.
Investors applauded the bounce in the market.
Trading volume was above average by a wide margin.
Analysts pointed out the tech boost due to strong earnings.
The rally reached most sectors including finance.
Apple said iPhone sales surged thanks to upgrades.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.