(Updates with closing prices)

By Kevin Buckland

TOKYO, Aug 29 (Reuters) - Japan's Nikkei share average

ended largely flat on Thursday, recovering from early losses,

with technology stocks paring declines triggered by

disappointment at Nvidia's ( NVDA ) latest forecasts.

The Nikkei finished down 0.02% at 38,362.53, after

falling as much as 1.12% earlier in the day.

The broader Topix eked out a 0.03% rise.

Chip-making equipment giant Tokyo Electron ( TOELF ) lost

1.76%, after falling as much as 3.49% earlier. Smaller peer

Disco ended 2.46% lower, largely recovering from a

5.33% decline.

Chip-testing equipment maker Advantest ( ADTTF ), a supplier

to Nvidia ( NVDA ), managed to finish 0.3% higher, reversing

earlier losses of 3.6%.

Nvidia's ( NVDA ) revenue and gross margin forecasts failed to

live up to their recent history of trouncing Wall Street

targets, overshadowing a beat on revenue and earnings, as well

as a $50 billion share buyback.

"The results confirmed that the strong demand for Nvidia's ( NVDA )

products continues unchanged, but weren't enough to meet the

high expectations of some in the market," said Maki Sawada, an

equities strategist at Nomura Securities.

An exception in the turnaround was AI-focussed startup

investor SoftBank Group, which dropped 2.4% to finish

at the session low.

Electronic component maker Nidec ( NNDNF ) was the Nikkei's

biggest decliner, slumping 3.32% after U.S. server manufacturer

Super Micro Computer ( SMCI ) - with which it is building

water-cooling modules for servers - delayed the filing of its

annual report.

The Nikkei's biggest gainer in points terms was Uniqlo store

operator Fast Retailing ( FRCOF ), which rose 0.67%.

The stock was volatile, though, and at one point had been

down 2.38%, making it the index's biggest drag. Fast Retailing ( FRCOF )

went ex-dividend on Thursday.

Of the Nikkei's 225 components, 109 fell versus 115 that

rose, with one flat.

(Reporting by Kevin Buckland; Editing by Rashmi Aich,

Subhranshu Sahu and Varun H K)