Stocks in Asia tracked their US peers lower after underwhelming earnings from Nvidia Corp. dampened the outlook for the tech sector.
South Korea’s Kospi Index slid more than 1% as chipmakers Samsung Electronics Co. and SK Hynix Inc. slumped. Japanese shares also opened lower. Futures on the Nasdaq 100 Index were down 1% in Asia as Nvidia slumped more than 8% in post-market trading following a sales forecast that disappointed some on Wall Street.