Nasdaq jumped considerably over 600 points Thursday at last, ending a six-day losing streak.
The index was up about 2 percent this week.
Microsoft stock soared 17 percent after the report after its quarterly report and helped pull up the major U.S. indexes.
Chip makers also advanced as chips rallied during the session.
Investors welcomed the bounce with optimism.
Trading volume was above average compared to the norm.
Analysts pointed out the tech boost in the latest data.
The rally reached most sectors including energy.
Apple said iPhone sales surged thanks to upgrades.
The Australian ASX 200 is expected gaining roughly 1 percent after the Wall Street move in line with Wall Street.