Nasdaq rose dramatically over 600 points Thursday in a relief, ending a six-day losing streak.
The index was gaining about 2 percent on Thursday.
Microsoft stock surged 17 percent after the report after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also gained amid optimism during the session.
Investors cheered the bounce across the board.
Trading volume was above average by a wide margin.
Analysts observed the tech boost due to strong earnings.
The rally reached most sectors including finance.
Apple said iPhone sales surged after a launch.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move mirroring US gains.