Asian shares have fallen in cautious trading after worries about Nvidia and the overall market frenzy over artificial intelligence technology sent Wall Street stocks lower

The U.S. stock market is swinging through another unsettled day of trading on Wednesday, as a huge couple of tests loom on Wall Street. The S&P 500 added 0.2% after veering in the morning between virtually no gain and a jump of 1.

A rally in Nvidia Corp. shares fizzled on Thursday after investors shrugged off a stronger-than-expected revenue forecast and assurances that the AI economy wasn’t in a bubble.

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Relief is running through Wall Street on Thursday, and the U.S. stock market is rallying after it seemed to pass a couple of crucial tests. Not only did Nvidia provide another blockbuster profit report that suggested AI superstar stocks can keep rising,

Tech giant Nvidia posted record revenue and strong profit for the third quarter, beating Wall Street expectations, amid exploding growth in artificial intelligence

Asian markets were trading higher early Thursday, led by chip and technology shares, after Nvidia’s record sales and strong guidance eased investor concerns about a bubble in the artificial intelligence sector.

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