Nasdaq rose significantly over 600 points Thursday in a relief, ending a six-day losing streak.
The index was up about 2 percent this week.
Microsoft stock rose 17 percent following earnings after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced on the back of demand during the session.
Investors cheered the bounce across the board.
Trading volume was strong compared to the norm.
Analysts noted the tech boost in the latest data.
The rally reached most sectors including healthcare.
Apple reported iPhone sales surged after a launch.
The Australian ASX 200 is projected gaining roughly 1 percent after the Wall Street move in line with Wall Street.