MANILA, Philippines (AP) — Asian shares were mixed Thursday after modest gains on Wall Street lifted the S&P 500 to another all-time high ahead of computer chip maker Nvidia’s highly anticipated earnings report.

U.S. futures rose, while oil prices declined.

In China, shares in computer chip maker Cambricon Technologies soared 15.7% to 1,587.91 yuan ($222), becoming the priciest stock on Shanghai's exchange as it surpassed Kweichou Moutai's stock, which slipped to 1,446 yuan ($202) a share. Cambricon's shares have jumped after it reported its revenue and profit expanded many fold in the first half of the year, helped by the Chinese government's support for domestic semiconductor makers.

The Shanghai Composite index surged 1.1% to 3,843.60. It has been trading near decade-high levels on

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