Asian semiconductor stocks may fall due to Nvidia's earnings failing to placate tense sentiments.

With concerns about overvaluation and the risks of an artificial intelligence bubble resurfacing, Asian technology and semiconductor stocks may follow chip maker Nvidia lower. Nvidia erased earlier gains overnight, falling over 3% and dragging down the S&P 500 and Nasdaq 100 indices by 1.6% and 2.4% respectively. Doubts about the Federal Reserve's ability to cut interest rates next month are also increasing, as recent remarks from policymakers suggest a cautious approach to easing policy too early.