Asian markets mixed after Wall Street dips on US data, Nvidia surge

Asian stocks were mixed Thursday following modest Wall Street losses, while oil prices declined. U.S. futures rose after Nvidia's quarterly earnings beat expectations on surging AI chip demand. Japan's Nikkei 225 slipped 0.2%, while South Korea's Kospi gained 1.5% on Samsung Electronics strength. China reported industrial profit growth slowed to 11.2% in July from 15.1% in June. Australia's S&P/ASX 200 fell 0.9%. Nvidia's revenue more than doubled year-over-year, serving as a bellwether for the AI industry amid investor concerns over a potential bubble. U.S. GDP grew at a 1.5% pace in Q2, with inflation at 3.7%, above the Fed's 2% target.