Dragged down by technology stocks, Asian markets generally fell, with Taiwan stocks leading the decline

NVIDIA announced that its financial report exceeded expectations, but the magnitude of the reduction was smaller than expected, affecting other technology stocks to decline after-hours. Last night, the U.S. stock market fell across the board, with the Nasdaq 100 falling more than 1.3% after-hours. The market's disappointment with tech stocks spread to Asian stock markets, leading to a general decline in Asian markets today, with TSMC and Samsung following the decline after NVIDIA's post-market plunge.

On Thursday, Asian markets fell across the board, with Taiwan stocks leading the decline, and the MSCI Asia-Pacific Index fell by 0.5%.

On Wednesday, August 28th, after the U.S. stock market closed, NVIDIA announced its Q2 financial data and Q3 performance guidance. NVIDIA's sales revenue doubled in Q2, but the Q3 guidance did not meet Wall Street's most optimistic expectations. After the financial report was released, NVIDIA's stock price plummeted by 6.89% after-hours.

Asian Markets Fall Across the Board, Taiwan Stocks Lead the Decline

As of the midday close, the Nikkei 225 Index fell by 0.39% to 38220.34, and the TOPIX Index fell by 0.29% to 2684.40.

The Seoul Composite Index in South Korea fell by 0.89% to 2665.76, with chipmaker SK Hynix falling by 5.6%.

Taiwan's weighted index, which is mainly composed of semiconductor stocks, fell by 1.03% to 22140.84, leading the decline in Asian stocks. TSMC fell by 2.07%.

Australia's S&P/ASX 200 Index fell by 0.51% to 8030.40.

Gold at High Levels, Crude Oil Slightly Up

Gold fluctuated at around $2515 per ounce.

Crude oil edged up slightly. WTI crude oil rose by 0.34%, while Brent crude oil rose by 0.27%.