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India IT Stocks Soar as Nvidia CEO Huang Calms AI Disruption Fears

March-quarter IT earnings point to a gradual pickup in growth, Centrum says.

Jensen Huang, chief executive officer of Nvidia Corp., speaks during Computex 2026 in Taipei, Taiwan, on Tuesday, June 2, 2026. Computex is Asia’s biggest electronics show, one that’s transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg
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Indian IT Stocks Slump as AI Jitters Resurface

Investors remain far from convinced that the sector has found a bottom.

Electronic integrated circuit (EIC) and photonic integrated circuit (PIC) semiconductor chips displayed at the MediaTek Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Wednesday, June 3, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg
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