Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology.

Asian Shares Slide After Slight Gains on Wall Street BANGKOK (AP) — Asian shares were mostly lower on Thursday after U.S. stock indexes drifted to a mixed finish, with the S&P 500 closing just an iota higher.

U.S. stock indexes are slumping further from their records as Wall Street’s frenzy around artificial-intelligence technology weakens some more. The S&P 500 fell 1% Thursday and was on track for

Nvidia stock is bouncing back from its latest slide, but the move higher today could reshape how the market reacts to tonight’s earnings report. With Nvidia up 4.7% today, the stock is leading a broader market rally.

Shares of Nvidia (NASDAQ: NVDA) gained ground on Wednesday, climbing as much as 5.6%. As of 11:37 a.m. ET, the stock was up 4.5%. The catalyst that sent the artificial intelligence (AI) chipmaker higher was a report that suggested demand remained high for the company's processors in an important market.