Asian stocks slipped as worries over the artificial-intelligence sector mounted ahead of two market-moving events: Nvidia's quarterly earnings report and the upcoming meeting of the US Federal Reserve.

Two developments underscored concerns about the rising cost of AI hardware.

Alibaba, the Chinese e-commerce and cloud-computing giant, launched a share sale to raise about HK$80 billion ($10.2 billion) to compete in global AI.

At the same time, Nvidia may raise prices on systems shipping early next year, deepening worries about rising AI hardware costs. Nvidia is the leading maker of the graphics processors that power AI systems, and its business performance is widely watched as a gauge of overall demand for AI computing.

The declines spanned major regional benchmarks, including South Korea's Kospi and Japan's Nikkei 225 and Topix. Asian equities are typically sensitive to shifts in US monetary policy, and the Federal Reserve meeting is in focus for signals about the direction of interest rates. That makes the timing important for regional investors, who are also weighing whether recent AI-related spending plans and pricing changes will alter expectations across the sector.

Investors were also tracking commodity and currency markets, with global oil benchmark Brent crude and the Japanese yen both in view, as movements in each often influence sentiment across Asian markets.

Because of Nvidia's central role in the global build-out of AI data centers, its earnings report is among the most closely watched events for technology investors worldwide. The update will add another data point to a week already shaped by questions about capital spending, pricing, and policy signals in markets that remain closely tied to US rates and the global technology cycle.

Source: CNBC-TV18 Markets