Asian markets mixed as Nvidia earnings offset China slowdown

Asian markets were mixed Thursday following modest Wall Street losses, with oil prices declining and US futures rising after Nvidia's earnings beat expectations. Japan's Nikkei slipped 0.2%, while South Korea's Kospi gained 1.5% on strong Samsung shares. China reported industrial profit growth slowed to 11.2% in July from 15.1% in June. Australia's market fell 0.9%. Nvidia's quarterly revenue more than doubled year-over-year, serving as a bellwether for the AI industry amid investor concerns over a potential bubble. US economic growth was revised to 1.5% for the April-June period, with inflation at 3.7%.