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Asian Shares Retreat After Nvidia-Led Tech Slide; Wall Street Benchmarks Fall
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Asian Shares Dip as Nvidia Slump Hits Tech, AI Impact Looms
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CNBC TV18
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27-02-2026, 06:38
Asian Shares Dip as Nvidia Slump Hits Tech, AI Impact Looms
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Asian shares declined from record levels following Wall Street's fall, with Nikkei and Kospi slipping.
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US benchmark futures retreated after S&P 500 and Nasdaq 100 dropped; Nvidia's 5.5% slump weighed on mega-caps.
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Market vulnerability to AI headlines evident as investors assess long-term impacts of advancing technology.
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Asian equities outperformed, seen as "picks and shovels" for the AI supply chain, with MSCI Asia Pacific Index up 6% in February.
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Block Inc. surged over 20% after announcing 4,000 job cuts in an AI pivot; Dell Technologies also jumped on strong AI server outlook.
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