TOKYO – Asian shares mostly gained in cautious trading Wednesday after most U.S. stocks rose, settling back to where they were before last week’s swoon over the future of artificial intelligence.

U.S. futures edged higher while oil prices declined. Japan's benchmark Nikkei 225 added 0.4% to finish at 51,063.31.

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SoftBank Group's shares fell 3.5%, plunging as much as 9% earlier in the day, after it said Tuesday that it sold its entire stake in the AI chip company Nvidia for $5.83 billion last month, raising funds for other investments.

A big question has been whether investors will push the frenzy around AI stocks further. Their sensational growth has been one of the top reasons the U.S. market has hit records despite a slowing job market and still-high inflati

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