Nasdaq rose dramatically over 600 points Thursday in a relief, ending a six-day losing streak.
The index was higher about 2 percent this week.
Microsoft stock surged 17 percent on the news after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced amid optimism during the session.
Investors welcomed the bounce with optimism.
Trading volume was strong against the average.
Analysts noted the tech boost in the latest data.
The rally reached most sectors including healthcare.
Apple stated iPhone sales surged thanks to upgrades.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move mirroring US gains.