Asian shares track Wall Street futures lower as Nvidia disappoints

SYDNEY, Aug 29 (Reuters) - Asian shares followed Wall Street futures lower on Thursday as Nvidia's results disappointed some bullish investors, while the dollar steadied and the Treasury yield curve came within a whisker of turning positive.

Investors now await U.S. weekly jobless claims, which have gained prominence given the Federal Reserve's focus on the health of the labour market, as well as inflation readings from Germany and Spain, for clues on rate-cut prospects beyond September.

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS), opens new tab fell 0.6% as tech stocks dragged. The Nikkei (.N225), opens new tab eased 0.4% while South Korea (.KS11), opens new tab dropped 0.7%.

Nvidia's (NVDA.O), opens new tab third-quarter revenue forecast of $32.5 billion surpassed Wall Street estimates, but the results still failed to impress the most bullish investors, who have driven a dizzying rally in its shares.

Shares of the AI darling slumped 7.6% in after-hour trading, losing about $236 billion of its market value.

As a result, Nasdaq futures dropped 1% early in Asia, while S&P futures skidded 0.5%.

Nvidia's chip contractor TSMC (2330.TW), opens new tab slid 2.4% when shares opened, dragging the broader Taiwanese market (.TWII), opens new tab 1.3% down.

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