Asian shares mostly slip as Nvidia's troubles weigh on AI stocks, despite a rally on Wall St
TOKYO — Asian shares were mostly lower and U.S. futures were mixed Thursday as concerns over leadership at chipmaker Nvidia weighed on artificial intelligence -related stocks.
TL;DR
- Asian shares were mostly lower on Thursday.
- U.S. futures were mixed as Nvidia's leadership concerns affected AI-related stocks.
- Nvidia's shares dropped significantly in after-hours trading due to reports about CEO Jensen Huang's affair.
- The U.S. market experienced a rally on Wednesday, with the S&P 500 and Nasdaq posting gains.
- Worries about a potential slowdown and profitability of the AI industry are impacting investor sentiment.
- Oil prices declined, with U.S. crude falling to $85.48 a barrel and Brent crude to $91.65 a barrel.