Investors in Asia will be watching the ripple effects on tech stocks in the region, where companies along Nvidia's value chain are based, such as Taiwan Semiconductor Manufacturing Co. (TSMC) and SK Hynix.
Asia-Pacific markets are expected to open lower on Thursday, tracking Wall Street's declines as investors assess the performance of technology giant Nvidia.
Nvidia reported second-quarter profits that beat Wall Street expectations and provided guidance above expectations for the current quarter. The company also authorized an additional $50 billion in share buybacks.
Second-quarter revenue was $30 billion, up 15% from the previous quarter and 122% from the same period last year, but the company's shares fell 8% in after-hours trading.
Investors in Asia will be watching the ripple effects on tech stocks in the region, where companies along Nvidia's value chain are based, such as Taiwan Semiconductor Manufacturing Co. (TSMC) and SK Hynix.
Japan's Nikkei 225 futures were down from the previous day's close of 38,371.76, with the Chicago futures contract at 37,960 and the Osaka futures contract at 38,150, signalling a weak start to the market.
Australia's S&P/ASX 200 futures were at 8,004, down slightly from the previous day's close of 8,071.4.
Hong Kong Hang Seng Index futures were at 17,648, below the HSI's last closing price of 17,692.45.
In the US, all three major indexes fell overnight during regular trading hours and ahead of Nvidia's earnings report, with the Nasdaq Composite down 1.12% and the S&P 500 down 0.6%.
The Dow Jones Industrial Average fell 159.08 points, or 0.39 percent.
—CNBC's Lisa Kailai Han, Hakyung Kim and Kif Leswing contributed to this report.
