Asian shares mixed as Nvidia leadership concerns hit AI stocks

Asian shares were mostly lower Thursday as concerns over Nvidia CEO Jensen Huang's leadership weighed on AI-related stocks, despite a rally on Wall Street. Nvidia shares fell 8.6% in after-hours trading following reports of a board meeting about his affair with a Chinese woman raising national security concerns. Japan's Nikkei edged 0.1% lower, while Taiwan's Taiex lost 1.2% and Hong Kong's Hang Seng declined 0.9%. The Shanghai Composite rose 0.2%. On Wednesday, the S&P 500 rose 1.3%, nearly recovering last week's sell-off, led by CoreWeave's 24.7% jump after reporting better-than-expected losses. Investors remain worried about a potential slowdown in the AI industry amid questions about profitability. U.S. crude fell 1.21% to $85.48 a barrel, while the dollar slipped to 159.74 yen. The U.S. bond market was closed Wednesday for Veterans Day.