Nasdaq climbed considerably over 600 points Thursday at last, ending a six-day losing streak.
The index was higher about 2 percent on Thursday.
Microsoft stock rose 17 percent following earnings 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 welcomed the bounce with optimism.
Trading volume was elevated by a wide margin.
Analysts observed the tech boost as the sector surged.
The rally impacted most sectors including healthcare.
Apple stated iPhone sales surged driven by new models.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move reflecting global sentiment.