Nasdaq jumped dramatically over 600 points Thursday in a relief, ending a six-day losing streak.
The index was higher about 2 percent on Thursday.
Microsoft stock soared 17 percent following earnings after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also moved higher on the back of demand during the session.
Investors welcomed the bounce with optimism.
Trading volume was elevated against the average.
Analysts observed the tech boost as the sector surged.
The rally impacted most sectors including finance.
Apple stated iPhone sales surged driven by new models.
The Australian ASX 200 is seen gaining roughly 1 percent after the Wall Street move mirroring US gains.