Asian stocks mixed after Nvidia's AI chip demand boosts futures

Asian stocks were mixed on Thursday following modest losses on Wall Street, while oil prices declined. U.S. futures rose after Nvidia's quarterly earnings beat expectations on surging demand for its AI chips. 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. Wall Street's S&P 500 fell less than 0.1% Wednesday. Nvidia's revenue for May-July more than doubled year-over-year, seen as a bellwether for the AI industry. Meta Platforms added 1.1% after agreeing to pay up to $18 billion to settle teen social media addiction claims. U.S. GDP grew at 1.5% in the second quarter, with inflation at 3.7%.