Asian Shares Slip as Nvidia Concerns Hit AI Stocks Despite Wall St Rally

Asian shares mostly fell Thursday as concerns over Nvidia CEO Jensen Huang's personal conduct weighed on AI-related stocks, despite a rally on Wall Street. Nvidia shares dropped 8.6% in after-hours trading following reports of a board meeting about his affair with a Chinese woman. Japan's Nikkei 225 edged 0.1% lower, Taiwan's Taiex lost 1.2%, and Hong Kong's Hang Seng declined 0.9%, while Shanghai rose 0.2%. On Wednesday, the S&P 500 rose 1.3% and Nasdaq gained 1.6%, led by CoreWeave's 24.7% jump after reporting better-than-expected losses. Investors remain worried about AI industry profitability and potential slowdowns. U.S. crude fell to $85.48 a barrel, and the dollar slipped to 159.74 yen. The U.S. bond market was closed for Veterans Day.